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Author Topic: Keep your loss at an acceptable level  (Read 1307 times)
Lorokan (OP)
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April 22, 2020, 10:31:29 AM
 #1

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
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April 22, 2020, 10:49:01 AM
 #2

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
What you have to understand is that the changes that occur in the market are certainly a cause, indeed all traders do not have the right to blame anyone in this case, but they also must be observant and careful in dealing with the market situation at all times.

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April 22, 2020, 11:33:40 AM
 #3

I understand your point. We're human and not a robot that doesn't have any kind of emotion and sentiment. Our feeling, our emotion and sentiment are like two faces of a coin. How many traders tell you that they make a success order, make some gains thanks to 'just feeling lucky' or based on their feeling? Funny when we make a bad order, loss then we blame all of it on our emotion and want to completely remove it. Grief from loss become weight that makes us more careful at later because we know how suck it is. We just need to turn our emotions to something that helps us and accepting our loss is the first step toward it.
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April 22, 2020, 12:01:06 PM
 #4

professional traders never think about what kind of market is right now. they simply follow technical analysis and they are constantly looking for entry points to different tools. the trader always earns.


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April 22, 2020, 12:06:00 PM
 #5

See it's either the market price goes up or down, and this two factors are present for any trader to take advantage of, you can make profits from red or green market and yes it's impossible not to lose in trading, before you can have your own strategy you will lose or sure
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April 22, 2020, 12:15:19 PM
 #6

It really depends what market looks like, if your entry was right at the top of peak you should accept your mistake and take the loss as soon as you can because downtrends can be long and deep so loosing 10 to 20 percent is better than loosing 80 to 90 percent.

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April 22, 2020, 12:18:33 PM
 #7

I agree with you. As a trader, we need to accept whatever the result is. No matter if we can make a profit or we cannot make a profit because all of that is a process. Before we trade, we should analyze first, so we know where the market moves, and we can decide base on the market situations. But if somehow, the market has changed than what we analyze, then we cannot do anything except to accept what will happen later. That will help us to analyze better, and the important thing is we don't blame or complain because of the market.

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April 22, 2020, 12:26:05 PM
 #8

See it's either the market price goes up or down, and this two factors are present for any trader to take advantage of, you can make profits from red or green market and yes it's impossible not to lose in trading, before you can have your own strategy you will lose or sure
Clearly, in terms of trading it is really needed that the name of the strategy is to be able to always take advantage of market conditions, both when the market is red and when the market has begun to green, this is sometimes the ability of a trader to be tested.
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April 22, 2020, 12:33:28 PM
 #9

I'm not sure I understood exactly the situation you're talking about, but I want to write a few sentences inspired by the topic. First of all, every trader should know that every transaction does not provide fixed or definite returns, but often causes loss. For this reason, your priority should be the amount of money you risk losing, not making money. You can trade by determining a loss rate for each transaction and you can get your earnings in your pocket while you don't reach this rate. I always say that the best profit is money that goes pocket. For this reason, the first step should be to determine the money to be lost and then the target to be earned should be determined. We are not always going to win or always lose. Losing a few bullets instead of losing the entire ammo can be life saving in some cases.
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April 22, 2020, 12:38:12 PM
 #10

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
It caused by when we are blaming the market and we just waste a lot of our time and it's better to accept anyloss and then move on. We can use that time to build another strategy again to recover our loss again. Basically, this is the best way that can be taken by anyone.

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April 22, 2020, 12:56:22 PM
 #11

Here. Treat your loss as your teacher, it's like learning for every loss.
You lose, you earn new knowledge, you learn something new that will help you in the future. Like, not to do it again. Trader of altcoins is kinda a pain in the ass, especially if you are trading those altcoins that have a very low market cap.

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April 22, 2020, 01:12:14 PM
 #12

I disagree with you. We should not learn to accept our loss without attributing it to any factor. Losesicould be as a result of greed, no trade strategy or plan as well. When we I cure loss, we should trace the reason why it happened in order to avoid the same mistake again. Without identifying the root of our loses, we won't make profit.
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April 22, 2020, 01:55:51 PM
 #13

For day traders, it's very important to maintain the stop/loss, otherwise, they might have lost a lot of value. On the other hands, who are HODLER, they never think about such loss or anything. We have BTC hodler who never sold their BTC, even in the 20k ATH and the recent 4k. Long term holder always prefer the price dump as accumulation.
Reid
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April 22, 2020, 02:01:56 PM
 #14

Or simply put. Do not blame anything for your own choices.  Wink

There will always be loss in the diary of a trader.
You cannot do it in perfection.
In fact, you will learn from it.
But, why are talking about trades in an altcoin section?  Grin
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April 22, 2020, 02:11:14 PM
 #15

Accept the market condition? I guess its better to adopt to the market condition and do something to make money on that market condition. Risk management is irrespective of market condition which should be followed by every traders at all the market conditions if they want to avoid getting rekt.
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April 22, 2020, 02:13:48 PM
 #16

That is why stop loss levels or the invalidation levels are important before we execute a trade. A good plan consists of entry points, target profit and cut loss levels that are acceptable where if we lose then it is okay for us. Most of the traders doesn't have stop loss strategy because they think that they are not vulnerable to losses and that is why sometimes they lose huge amount of money.

People think that setting stop loss is simple but it is hard to execute because emotions are also there, we need discipline within ourselves that we can help us to follow our plan carefully and be sure that our cut loss levels are acceptable.
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April 22, 2020, 02:26:48 PM
 #17

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Yes mate your right for me losing is part of the game while doing trading, I'm a day trader since 2017. Since then I have been losing many times already but I never give up, because I know those losses will be recovered soon if I will not quit in trading which is right base on my experience my Loses was recovered and also gaining some profit. thats why never give up just focus on what you are doing and set aside your emotions remember always trust your instincts.  
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April 22, 2020, 02:32:59 PM
 #18

Certainly in trading must have experience first because with high risk who ever approached a trader with any market conditions we must know and there must be a deviation in the decline or pumping, therefore our skills in trading must be able to do the best we can because if we experience losses then it must be able to return again no matter how.
In trade there must be a way to recover from these losses.

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April 22, 2020, 04:20:40 PM
 #19

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
What you have to understand is that the changes that occur in the market are certainly a cause, indeed all traders do not have the right to blame anyone in this case, but they also must be observant and careful in dealing with the market situation at all times.
Things are unpredictable in this volatile market. Sometimes analyses won't work and what happens are the unexpected ones. I do agree with thr point that a trader should accept that one would not win always and there are simply times for losses. In trading, it is indeed important to observe, there are periods to which it would be best to do trading and times wherein it is not. But due to the sudden changes occuring in no particular time, periods turn into days only, shorter to be simple.
Of course, we can only play the cards that we have on hand.
The task of any trader to clearly understand why in one situation he earned, and why this did not work in another.
Losses are an inevitable part of trading; however, every mistake should teach you something, this is the path to wealth.
Losses should come with new learnings, indeed.

I disagree with you. We should not learn to accept our loss without attributing it to any factor. Losesicould be as a result of greed, no trade strategy or plan as well. When we I cure loss, we should trace the reason why it happened in order to avoid the same mistake again. Without identifying the root of our loses, we won't make profit.
No matter how we trace the root cause of a loss, there are times we cannot avoid such thing because volatility is in nature of this market, things cannot be predicted making it valid whenever losses occur or take place. Best thing to do is to just continue.

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April 22, 2020, 04:23:21 PM
 #20

Professional traders are not afraid of losses in this market. They may lose money but then they will make more profit by their experience. No one in this market always wins, and they need not care about the market situation. They only need technical analysis and chart tracking to trade,

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April 22, 2020, 04:28:28 PM
 #21

In Bitcoin there is not a small guaranteed profit or loss. The rate can change very quickly and at very high rates. When you can afford it, then its an option to invest in Bitcoins. If you want to play on safer investments, I surely do not recommend Bitcoins. But if you like the excitement then the Bitcoin is a great Roller coaster.

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April 22, 2020, 07:05:31 PM
 #22

It really depends what market looks like, if your entry was right at the top of peak you should accept your mistake and take the loss as soon as you can because downtrends can be long and deep so loosing 10 to 20 percent is better than loosing 80 to 90 percent.
One of the big issues I have with how many people trade is that they do not really have an idea of what it is an acceptable loss for them, so when they are faced with a loss instead of accepting as part of doing business in this market they keep holding their position thinking they can figure out a way to make that trade a winner instead of a loser, and this is a very dangerous attitude to have as a loss that could be manageable keeps escalating until it gets to the point of destroying your account and any hope you had of making profits in this market.

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April 22, 2020, 08:11:44 PM
 #23

There is indeed a need to keep loss at an acceptable level. I believe every trader goes into a trade with a win/loss mindset but with a profit minded determination; which usually makes profits more than losses.

But still trading are personal decisions, and bar a good training, you could make lots of trading errors.

Never stop doing your research be it TA or FA
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April 22, 2020, 09:14:03 PM
 #24

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Being a trader for a long time, I noticed that stop limit is extremely essential in every trade. Whether trading on spot or leverage, you need to set SL to reduce risk of massive dump or liquidation as the case may be. However, I don't fancy setting very tight SL as they always hit. Maximum loss I can take is 7%, I can't exceed that. Also I notice that sometimes stop limit do not pick, hence its wise to set an upper and lower limit thus increasing the chances of stopping you out. Risk management is very important for traders, without proper risk management you are a bad trader.
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April 22, 2020, 10:04:06 PM
 #25

well if you are a trader don't be serious about making profit first. You need to learn what is trading.how this goes? Where should buy tokens.Then make a investment what you afford to lose.Don't put your all eggs in same baskets. O mean don't buy just one coin/token costing your all money.
Gab20
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April 22, 2020, 10:37:25 PM
 #26

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

A good trader should also know that not all loses are real and that is why recovering from them can be very easy.
Imagine if you are trading and you are losing in dollar value, most especially when the general market is going downtrend. in a situation like this, you might see that you are only gaining in satoshi value, which is a good way to later recover when the market is going uptrend again.
Updating yourself with happenings in the market will help to know what to do at every point in time.
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April 22, 2020, 11:26:13 PM
 #27

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

I think being lose is normal.  Nobody will lucky all the time.  As traders we should consider win and lose as the normal thing in cryptocurrency world.  We must evaluate our self all the time,  because this world want us to be smart and wise.

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April 23, 2020, 01:02:05 AM
 #28

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Cryptocurrency price movements are very volatile and I think we need to be careful. Anticipating things that are outside the analysis are also needed, therefore we need to target profit or loss so that they are not too greedy or have too much loss

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April 23, 2020, 01:15:13 AM
 #29

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

it is always a thing of joy when your confidence in a thing comes from knowledge and not assumptions.  traders lose most trades, Yes but its also a part of the business but proper persona researchhelps minimise risk and also guides a trader on startegies to deploy in other to remain in the business but it doesn't always go the way traders plan always.

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April 23, 2020, 01:52:12 AM
 #30

Any market condition is an opportunity to good traders and a good researchers. I have made some losses in the last 2 months on binance, I decide to change my strategy by not chasing some Hyips and I am back on profit again. Discipline and firmness are key.
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April 23, 2020, 02:23:37 AM
 #31

It is the most probable and practical way that we must always do. Since we cannot barely predict if the trade we do will gain or experience loss, better we must control the way we trade so that if ever loss will associate, we can still be able to recover and strive using another way or strategy. We must maintain or keep the amount we exhibit and always think if loss will be present will we be able to foresee that we have just made a decision acceptable for the limited sources we have on our hands to be an  acceptable loss. If we will not keep the amount of loss that is just right for the resources we have, we will just encounter deeper loss that is unacceptable and regretful.
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April 23, 2020, 02:30:27 AM
 #32

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
People  should not be losing everything whether from trading and holding if they have done enough research it's when people investing in a new coin and doesn't do enough research that they lose everything they have, only invest what you can afford to lose and you will always in the safe side of the game.

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April 23, 2020, 02:38:32 AM
 #33

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Losing is part of trading and its unevitable though we can minimize it by having a well executed strategy and plan.

If you did the right step before going to trade then you will understand how it works and aware of what to avoid in order to prevent committing mistake.

If you didnt earn or succeed as a trader dont feel bad about it because there's always a way to improve, just accept if you happen to lose then use that experience to do better next time.

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April 23, 2020, 03:40:50 AM
 #34

no trader is perfect, anyone has experienced short-term investments and long-term investments. for me trading depends on patience, not greed, can maintain an emotional attitude, and it is important to always monitor the coins you trade so that you will not lose the opportunity to sell.


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April 23, 2020, 04:50:01 AM
 #35

no trader is perfect, anyone has experienced short-term investments and long-term investments. for me trading depends on patience, not greed, can maintain an emotional attitude, and it is important to always monitor the coins you trade so that you will not lose the opportunity to sell.

Even for a pro trader will get their loss too in trading. But if we can manage the feeling because of losing money in trading, we will accept the loss, and we will try to recover the loss in the other chances. We still have more opportunities to make a profit, and losing in one-time doesn't mean we cannot make another profit because, in the crypto market, we have so many coins that can help us to get another profit. So we need to try to trade for the different coin to have more chances and don't give up if we lose on that day.

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April 23, 2020, 05:32:32 AM
 #36

keep losses at a level we can accept? I think this step can be done by anyone, including old traders and new traders by trading using small capital. at least not experience a high amount of loss. it's important for anyone not to be greedy and be patient when trading.

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April 23, 2020, 05:45:04 AM
 #37

keep losses at a level we can accept? I think this step can be done by anyone, including old traders and new traders by trading using small capital. at least not experience a high amount of loss. it's important for anyone not to be greedy and be patient when trading.
Yes, that's right, but for old traders who are very professional and already have a lot of knowledge in trading, of course they will use a large capital when trading, because they already dare to make risks and no longer afraid to lose.
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April 23, 2020, 06:15:04 AM
 #38

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Do not lose sometime? You are wrong about that. Traders are always losing even with their experiences for a long time. There is a stats that more than 85% of traders on crypto market are more losing than winning on trading. I think this is true, even though a basic knowledge on trading needed some practice in order to catch up on mastering how to gain profits but there are more times that a technical analyses failed on giving us the profits we are aiming. Trading is dangerous so better to learn 100% of things needed to know about that.

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April 23, 2020, 07:05:10 AM
 #39

Indeed like that, whatever the market conditions, traders still have to trade even though the risk increases. Basically entering the cryptocurrency market is already risky. So, keep doing it with pleasure as usual
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April 23, 2020, 07:06:57 AM
 #40

Sometimes you can be caught in even with all proper analysis done. Most times it's always a patience as it usually pays off. But if patience is not in place you can accept any loss and move on.

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April 23, 2020, 08:02:41 AM
 #41

keep losses at a level we can accept? I think this step can be done by anyone, including old traders and new traders by trading using small capital. at least not experience a high amount of loss. it's important for anyone not to be greedy and be patient when trading.
Yes, that's right, but for old traders who are very professional and already have a lot of knowledge in trading, of course they will use a large capital when trading, because they already dare to make risks and no longer afraid to lose.

I think i like the keyword you have used. RISK & NOT AFRAID TO LOSE

Before you can term yourself as a trader, this are the core qualities you need to master; it helps your decisions, guides your  courage and keeps you in check.
For me, the best way to keep your loss at an acceptable level is by ensuring to make more profits than loss in a trade; that way the loss won't be felt one bit.
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April 23, 2020, 10:58:25 AM
 #42

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
It's just acting out of emotions that leads people to accure blame to one factor when they loose. Nobody needs pain but it's part of life, the same people who blame factors when they loose don't blame any factor when they make profits. Traders should just be vigilant over their trades and I believe people should trade what they can afford to loose to avoid heart attacks
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April 23, 2020, 11:09:51 AM
 #43

Indeed like that, whatever the market conditions, traders still have to trade even though the risk increases. Basically entering the cryptocurrency market is already risky. So, keep doing it with pleasure as usual
As long as you can manage the risk properly and you will get a small chance to get a loss in the market. There are so many people entering the market randomly without try to know more about various factors that also gave a huge impact to the market too. This is why fund management, fundamental management and risk management must be done properly.

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April 23, 2020, 11:52:01 AM
 #44

See it's either the market price goes up or down, and this two factors are present for any trader to take advantage of, you can make profits from red or green market and yes it's impossible not to lose in trading, before you can have your own strategy you will lose or sure
Yeah, because wether it is in bearish there are times that the maket would go up even just a little bit and in that where they have exploit the opportunity to put their entry but still have to be cautious to loss it all, same thing with bullish market. It is really up to them when they would make an entry and when to stop for gain of profits or loss.
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April 24, 2020, 08:11:19 AM
 #45

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Yes. As a trader, nobody is above losses, it happens. Though I do see people that claim they are experts and never experience losses. These are the people that usually Photoshop their report to live up to their fake claims lol. But the truth is that nobody is above mistake , so anyone claiming that they are 100% perfect is clearly lying to others.

And it’s always good to do research and know what’s happening, and where the market is really heading to before you start trading; technical analysis is very important. When traders lose, they are not really blaming it on the market, rather there are events that happen that led to the market taking a dip and them losing their money, so they pour their anger on whatever caused it lol.

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April 24, 2020, 10:17:58 AM
 #46

Of course, a novice trader will always have difficulties from the very beginning, and will often lose money, but gradually, with experience in trading, we make fewer mistakes and go to a new level, so you always need to go forward and improve yourself.
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April 27, 2020, 10:07:06 PM
 #47

well if you are a trader don't be serious about making profit first. You need to learn what is trading.how this goes? Where should buy tokens.Then make a investment what you afford to lose.Don't put your all eggs in same baskets. O mean don't buy just one coin/token costing your all money.
This is another important lesson, most newbie traders think they are going to be able to make millions of dollars in a relatively short amount of time, while truth to be told if you are able to breakeven after one year of trading you will be in a better position than 95% of the traders out there, and the only way to do that is to trade in a way that keeps your losses at an acceptable level, once you have accomplished that goal then you can improve your system and finally obtain some profits.

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April 27, 2020, 10:18:53 PM
 #48

Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.
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April 27, 2020, 11:27:30 PM
 #49

Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.
Trading is a competition and everyone is competing to win and not to lose, but the fact is that some will lose, while others will gain. So, it is true to say that if you are using, the best is that you retreat, so it does not become unbearable or a huge loss that cannot be manged again.
So, with a well-managed loss, you can still regain some other time. You lose today, you gain tomorrow and gradually, you keep on learning the secret behind trading.
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April 27, 2020, 11:33:12 PM
 #50

Yeah, we need to relax when our analysis get wrong, it's purely how the market work. So, when we have a loss on the market, we can learn something that can make us better again. So, we must set our stop-loss in every single trade, make it 5% from balance or whatever that you can accept it. It's ok to loss, but the most important thing we can still make profit another day, we have limitless opportunities on the market.
Yes. There are limitless opportunities in the market but it's up to us how we can seize them. Losing is normal but we should also learn how to minimize it and keep it at an acceptable level. With this current global crisis, we may lose somehow but  we can still make profits despite of the market's volatility.

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April 28, 2020, 12:17:32 AM
 #51

I like to blame the market. It allows me to release some steam when the trade doesn't go well.

By all means react to the market but don't just take it as it is. You're human and you should be emotional. Just don't let those emotions take over and dictate your future actions.
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April 28, 2020, 04:11:41 AM
 #52

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.

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April 28, 2020, 04:24:51 AM
 #53

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.
Investors are not necessary to study if youre a rich investor. They can hire a lot of expert on trading or advisor on trading which stock or even cryptocurrency they should bet. On a traditional trading market, there are agents who are doing this for investors and some are still employing that even up to cryptocurrency era. Loss is a loss and trader and investors should not be sway by their feelings when this happen but of course they shoulf be able to think calmly on their next move to avoid another deafeating state to the market.

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April 28, 2020, 04:26:06 AM
 #54

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

I'm not into the trading well I used to but not anymore, but news and existing events have a factor on most of your decision to trade, following events and circumstances is also one good parameters to  decide on the right time to buy and to sell, the markket react on a given situation.
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April 28, 2020, 07:31:35 AM
 #55

Life of a full-time trader is hard, they're prone to losses and sometimes they're more on losing than profit. I'm not a full-time trader but it's a fact that everybody should know. But it's part of their lives and they can maintain that kind of living, they're living in a risk.
They might seem to live like the gamblers but they know how to read charts and they can take losses as long as they do the right decision.

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April 28, 2020, 07:51:24 AM
 #56

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.
It's called Fundamental Analysis.
Some traders are really good enough to make money even it's green or red. They are used to the situation and experience helps them a lot. The right entry and exit points which they analyze it not only a single method but more methods which they are sure enough to gain profit no matter how is the position of the market. Going in technical analysis gave them advantage to keep them alive in the market.
New traders should accept the facts that it's hard in the beginning, it's a process. Risk is clearly attached to every trades as well as loss.

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April 28, 2020, 08:15:28 AM
 #57

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.
It's called Fundamental Analysis.
Some traders are really good enough to make money even it's green or red. They are used to the situation and experience helps them a lot. The right entry and exit points which they analyze it not only a single method but more methods which they are sure enough to gain profit no matter how is the position of the market. Going in technical analysis gave them advantage to keep them alive in the market.
New traders should accept the facts that it's hard in the beginning, it's a process. Risk is clearly attached to every trades as well as loss.

In every transaction we do, there is always a risk and we must be able to anticipate it so that no greater loss occurs. Doing money management is also important so that we are not trapped to invest in only one or two coins

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April 28, 2020, 08:27:33 AM
 #58

the most important thing in trading is that you must be able to manage your financial management properly and be prepared to accept every risk. every trader has a different strategy and sometimes it doesn't always work. so, my advice if you want to take part in this field, you need to use small capital to get started so that you also won't take high risks.

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April 28, 2020, 08:32:42 AM
 #59

I agree with you, anyone who isn't ready for one or two losses should not go into trading, most times the market will go against what was analysed maybe because of news etc which might result in losses, the best thing to do in this case is exit and take a break instead of looking for what to blame, as that won't solve anything. Lastly, technical analysis also matters a lot and shouldn't be ignored or taken for granted, in addition, trade with what you can afford.

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April 28, 2020, 04:57:42 PM
 #60

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
I am not understanding your point about traders not attributing loses to any factor Huh? There are factors that makes the market to either fall or increase.

So, when you’re trading you have to pay attention to all these factors that can lead to the price going to one direction or the other, that way you will know what you’re doing exactly. And if you happen to lose your money while trading, there is nothing wrong with trying to figure out what resulted in the loss you encountered while trading. That’s the only you will be able to learn and try to avoid such mess in the future. I don’t know for you though, but I think this is what’s right that every traders must do.
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April 28, 2020, 05:08:16 PM
 #61

That's because many traders are accustomed to not placing a stop loss, so turning to seeing their trading orders stop loss will make them uncomfortable psychologically. That is why there are still many traders currently holding losses.

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April 28, 2020, 05:11:11 PM
 #62

It requires investors to study the market, keep themselves informed and updated about the shares, publicly traded companies and the behavior of the national and world economy itself, this is some knowledge needed to not lose more than you can afford.
Basically everyone can become an investor if someone has enough capital, so it does not have to depend on other investors to find a market information, because we ourselves also have an eye to see and read any market.
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April 28, 2020, 05:26:08 PM
 #63

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Before entering a trade I always have fixed percentage loss ie 3% of my portfolio is my risk in any event of a loss I am sure of losing small portion of my account while I ensured my reward is double my risk.
A loss in trading is normal however a sound money management and working strategy is the key to a successful trading.

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April 28, 2020, 05:28:52 PM
 #64

Well... if you want to keep your losses to a bare minimum level, then the only solution is to adhere to strict stop loss levels. Actually it is the same strategy which is applicable with stock trading. The major difference between stock trading and cryptocurrency trading is that the coins are much more volatile and there can be considerable spread across various exchanges for the same pair.
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April 28, 2020, 06:09:14 PM
 #65

Well... if you want to keep your losses to a bare minimum level, then the only solution is to adhere to strict stop loss levels. Actually it is the same strategy which is applicable with stock trading. The major difference between stock trading and cryptocurrency trading is that the coins are much more volatile and there can be considerable spread across various exchanges for the same pair.
I decided for myself to take into account all the risks associated with cryptocurrency trading on my own. And I buy cryptocurrency assets only at a very low price, for example, the price of Bitcoin is $ 5000 and below.

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April 28, 2020, 06:28:01 PM
 #66

Profit loss is a part of trading. The trader learns from the loss that he can realize where his mistake was. Which in the future helps to refrain from making the same mistakes. When he make profit, he finds out why the system works is there possibility that this system work in the future. And professional traders do market analysis before taking their position. Which increases their success rate.

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April 28, 2020, 06:36:12 PM
 #67

blaming a factor cannot be said to be good, but if we do not know the mistakes that occur then the next trade will be a loss again. so I think more if you make a mistake then know the mistake and do self-improvement, for example, practice the ability again because when we blame a factor then there is no profit in the future.

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April 28, 2020, 09:12:16 PM
 #68

That's because many traders are accustomed to not placing a stop loss, so turning to seeing their trading orders stop loss will make them uncomfortable psychologically. That is why there are still many traders currently holding losses.
This time it looks like the majority of traders have been using the stop loss feature. IMO this feature is not a new feature again and we can find that easily on so many exchange site. I think the percentage of traders have been facing a huge lose were very small. People can adapt to the exchange site easily.

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April 28, 2020, 09:21:07 PM
 #69

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.
Many factors affect price changes, even rumours can make the market chaotic, which is why in-depth analysis is carried out both technically and fundamentally. I have a friend who has been a trader for a long time, even though he has a lot of experience, good analysis, does not mean that he can profit at any time. Especially when there are news and unexpected events, the market moves not according to predictions. My friend always reminds me that being a trader requires experience and mentality.
Loss is one of the risks of being a trader, if you are afraid of losses then you will not be able to develop. So as much as possible learn the right techniques and strategies, do not rely solely on luck, let alone trading signals that are not clear.

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April 28, 2020, 09:48:20 PM
 #70

You have to think about if the loss worth it, if it is not more safe to keep your hard earned bitcoins and altcoins in your wallet, rather then trading in a market what is manipulated, so it is hard to predict the next moves.  Cry

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April 30, 2020, 02:43:04 PM
 #71

You have to think about if the loss worth it, if it is not more safe to keep your hard earned bitcoins and altcoins in your wallet, rather then trading in a market what is manipulated, so it is hard to predict the next moves.  Cry
Very true, if the losses we get are not commensurate with the capital we have spent, then it is better to keep our assets in the wallet, even more valuable assets such as Bitcoin and good Altcoin.

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April 30, 2020, 02:51:03 PM
 #72

You have to think about if the loss worth it, if it is not more safe to keep your hard earned bitcoins and altcoins in your wallet, rather then trading in a market what is manipulated, so it is hard to predict the next moves.  Cry
Very true, if the losses we get are not commensurate with the capital we have spent, then it is better to keep our assets in the wallet, even more valuable assets such as Bitcoin and good Altcoin.
I think trading can suffer losses because it might not be able to control his patience to not sell it at cheap prices or get stuck in altcoin that does not have the potential or a good price movement because to be able to avoid losses just by choosing a coin that is good and potential and definitely emotional not to be easily influenced is an important factor for success in the world of cryptocurrency trading.

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May 02, 2020, 03:28:09 PM
 #73

Life of a full-time trader is hard, they're prone to losses and sometimes they're more on losing than profit. I'm not a full-time trader but it's a fact that everybody should know. But it's part of their lives and they can maintain that kind of living, they're living in a risk.
They might seem to live like the gamblers but they know how to read charts and they can take losses as long as they do the right decision.
It is exactly as you say, it is very easy to imagine that if you become a trader you are going to get a lot of easy profits but in fact things don't work like that, in order to get anything out of the market you are going to have to study the markets for a very long time and most people are unable to make that kind of commitment to obtain those small profits, this explains why people despite all of our warnings keep losing money in the markets, they simply do not make enough efforts to understand them and in doing so it can only lead to failure.

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May 02, 2020, 03:33:46 PM
 #74

Experts always say do not put your whole bucket in a single project and do not put that assets or money that you can not afford to lose. Crypto trading always a very risky place and the market is more volatile here than stock or forex. So a good trader always uses his stop loss so that he can bear the impact of market downfall. I quite trading after taking some big losses because of proper money management.

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May 02, 2020, 04:17:08 PM
 #75

Im always using SL and usually setting less than 5% level
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May 24, 2020, 09:13:41 AM
Last edit: May 25, 2020, 04:09:23 AM by Buttercup123
 #76

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Accept and move on if you loss high profits on trading, many traders always hold there coin they think that it make them profit more but, suddenly it drops. When im trading i always trade it even i have have small amount of profit because you will never predict what will happen next on the market, i don't expect much to earn but still i earn. I also loss some of my profit this past but accept it and learn from your mistake.

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May 24, 2020, 09:33:44 AM
 #77

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Trading is risky. Losing and winning is a part of it. If you/we cannot afford to lose then trading is for you/us. As a trader we must knew on the market will go through or we must knew how to raleade charts because if not we can make decision that might be a cause of losing money. In that case, it is ourself to blame, not others nor the market

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May 24, 2020, 10:01:26 AM
 #78

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Well if you follow the rule that you only invest what you can afford to lose, you are not going to blame anyone, you will be ok if you lose or if you win, people blaming the market are those who put their savings and their retirement pay and treat it as an investment of a lifetime, which is the case and sometimes it's not.

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May 24, 2020, 10:04:25 AM
 #79

It is called experience. Sometime you lose and sometime you won. Nobody just wake up one day and become a pro. The accumulation of your experiences and the what you have learn from it is what determine maybe you will a better person or not. When you learn from your past mistakes and make amendment, then you become a better trader that minimize your loss and maximize your profit but when you do not learn from your trading mistakes,then you cannot be a better trader.
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May 24, 2020, 01:56:53 PM
 #80

The best trailing stop-loss percentage to use is either  pure momentum strategy a stop loss strategy can help you to completely avoid market crashes and even earn you a small profit in market. This is the most part of acceptable quality level is a test or inspection standard that prescribes the range of the number of defective components that is considered acceptable when random sampling those components during an inspection.

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May 24, 2020, 02:22:36 PM
 #81

A buy stop is placed above the current market price. A sell stop order is placed below the current market price. Stop orders may get traders in or out of the market. A limit order will then be working, at or better than the limit price you entered.
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May 24, 2020, 03:14:39 PM
 #82

because the key to trading is patience and must learn from the mistakes we have made when we experience losses. because the main purpose of trading is to get big profits. but if we finally receive a small profit, of course we must accept it with pleasure ...

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May 24, 2020, 03:25:55 PM
 #83

In order to keep our losses at an acceptable level, we must learn how to manage capital, but not everyone can do best with newbies, they are very susceptible to emotional domination and breaking rules.

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May 24, 2020, 03:34:01 PM
 #84

In my opinion experiencing losses does not mean we fail, it's something that is experienced by all traders. The person who succeeded it,
people who can learn from the losses suffered. Learning from mistakes is one way to success. The most important thing is not to lose
more than the profit we make.

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May 24, 2020, 03:40:04 PM
 #85

In order to keep our losses at an acceptable level, we must learn how to manage capital, but not everyone can do best with newbies, they are very susceptible to emotional domination and breaking rules.
Yes, those who are beginners are indeed a little difficult in terms of managing their capital, because they still have a lot to learn in controlling emotions and a great desire, so they can also protect themselves from losses at any level.
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May 24, 2020, 06:33:51 PM
 #86

Im always using SL and usually setting less than 5% level

It still doesn't solve the own scenario, do you not know that even with short loss, there are some dumps that are huge?

Widely unacceptable? Don't just sl, watch the trades
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May 24, 2020, 10:44:19 PM
 #87

Accept your mistakes and try to minimize the risk of losing the money in future by avoiding the same mistake again in your life.When you begin your trading career then you shouldn't trade with all of your money or else you can't do anything if you lose all that money since its very much possible with crypto market.
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May 24, 2020, 11:57:38 PM
 #88

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
I sperated traders by three. No matter how much earn you experience on day or short term, you have to lose sometimes. As my research long term with enough money, you don't need to lose anytime. In this process you should choose some good coin which coins price is stuck in a box. By search you will learn about box trade.
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May 25, 2020, 01:16:57 AM
 #89

yup! indeed we cannot always be lucky in trading. sometimes or even often we will suffer losses, that's the real crypto world. don't look for someone to vent our emotions and blame them.

as you said we must accept trade sincerely, whatever conditions we accept. if we don't stop learning and sharpen our instinct in analyzing.
i think we can minimize losses.
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May 25, 2020, 01:59:10 AM
 #90

Trade with the money you can risk of losing.
market is unpredictable, and yes keep your loss at an acceptable level
base on your perspective
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May 25, 2020, 02:37:47 AM
 #91

Trade with the money you can risk of losing.
market is unpredictable, and yes keep your loss at an acceptable level
base on your perspective
Right, no matter how we think trading is profitable its important to know how much you can afford to lose because nothing is certain here. We can lose our money unexpectedly depending on the movement of the market. So having a concrete plan and risk management can help you to take control whatever the situation is since the market is high volatile.

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May 25, 2020, 02:50:46 AM
 #92

we really cannot blame anyone in investment trading, because the ups and downs of the cryptocurrency market are caused by many factors, but from that we traders must be observant and be careful in dealing with a very unstable market like today, don't let us lose big because ambition is too big
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July 09, 2020, 05:59:57 PM
 #93

we really cannot blame anyone in investment trading, because the ups and downs of the cryptocurrency market are caused by many factors, but from that we traders must be observant and be careful in dealing with a very unstable market like today, don't let us lose big because ambition is too big

It is not actually blame gaming anyone who loses in investment trading; rather i feel like it is a reminder that as a trader you need to keep your loss minimal, you need to use a stoop loss, because i think every trader needs a stop loss, to work as an automatic security when bears are incoming.
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July 09, 2020, 06:28:07 PM
 #94


It is not actually blame gaming anyone who loses in investment trading; rather i feel like it is a reminder that as a trader you need to keep your loss minimal,

Learning how to balance your trades and how to manage everything in order to run smoothly, this kind of attitude is needed
by any traders who wanted to succeed from this fied.

you need to use a stoop loss, because i think every trader needs a stop loss, to work as an automatic security when bears are incoming.

If you already comfortable with how you managing your trades, placing your stop loss position helps you to lessen your stay
inside the exchange, saving you more time and stress monitoring your positions.

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July 09, 2020, 07:14:50 PM
 #95

Trade with the money you can risk of losing.
market is unpredictable, and yes keep your loss at an acceptable level
base on your perspective

I agree with you on "trade with the money you can risk losing" but not entirely in the sense that trading is not gambling. Those who trade on exchanges without reputation or who do not understand technical analysis mostly gamble when trading. If you trade only on reputable exchanges with tight security, and you are good with TA, you reduce the risk of losing your entire funds.

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July 09, 2020, 07:34:48 PM
 #96

I try to always play safe when trading, I don't do 24 hours trading but I always jump right in when the market is in red, for this to become easy it's why I always keep stable coins, they come in handy when big dumps happens and buying back will surely fetch you good money once market start recovering

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July 09, 2020, 07:35:27 PM
 #97

True, small or large losses are always present in trading, but the nominal is different because professional trading has a technique in making decisions, of course, will avoid large losses. market changes occur suddenly. With  70% / 30% of traders must understand this technique to minimize big losses

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July 09, 2020, 07:36:02 PM
 #98

I try to always play safe when trading, I don't do 24 hours trading but I always jump right in when the market is in red, for this to become easy it's why I always keep stable coins, they come in handy when big dumps happens and buying back will surely fetch you good money once market start recovering
Done this several times, it's the safest trading strategy I know, just buy when bears start attacking the market and sell when bulls take over, chances of losing is very very low using this strategy

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July 09, 2020, 10:24:33 PM
 #99

You have a point, a professional will only try to minimize his/her loss and make sure profit is more than loss, I believe in cryptocurrency loss is inevitable, especially for traders, but something is sure, success is sure for an experience trader.

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July 10, 2020, 09:33:25 AM
 #100

I try to always play safe when trading, I don't do 24 hours trading but I always jump right in when the market is in red, for this to become easy it's why I always keep stable coins, they come in handy when big dumps happens and buying back will surely fetch you good money once market start recovering
Done this several times, it's the safest trading strategy I know, just buy when bears start attacking the market and sell when bulls take over, chances of losing is very very low using this strategy

Chances of losing can only be low if you have designated altcoins or token targets that you go for when the bears start attacking, because if you just buy any token because they dumped more; then you could be in for trouble. Instead figuring the what type of tokens you could be interested in is first, identifying why you should invest in such is second, then waiting for it to be bearish is key. Most importantly, knowing when to withdraw in profit is also vital.
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July 10, 2020, 11:47:07 AM
 #101

I try to always play safe when trading, I don't do 24 hours trading but I always jump right in when the market is in red, for this to become easy it's why I always keep stable coins, they come in handy when big dumps happens and buying back will surely fetch you good money once market start recovering
I also choose to trade safely when I enter this market and only trade when the market turns green because the opportunity to make a profit during that time will be much better. However, after buying, I will set the price to sell to ensure a profit and avoid greed because if you become greedy, you will easily lose money in this market.

 
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July 10, 2020, 11:54:11 AM
 #102

I also choose to trade safely when I enter this market and only trade when the market turns green because the opportunity to make a profit during that time will be much better. However, after buying, I will set the price to sell to ensure a profit and avoid greed because if you become greedy, you will easily lose money in this market.
if you already have good planning you should not change it. because sometimes many traders regret selling their assets cheaper when the market is pumped. yes, it is greed as you mean. even I still often feel like that.

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oscarftw
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July 10, 2020, 04:54:21 PM
 #103

Either grab all appropriate options or your loss can't be acceptable levels. If you can find out your acceptable level path, which means you are professional traders. Cryptocurrency is always volatile, without stablecoin you can't control your losses. Without top of all coins, you can't be good daily traders.
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July 10, 2020, 06:23:34 PM
 #104

It is not always easy for some people to stop chasing losses, that is the problem. This exists in crypto gambling world as well, some people make excessive losses and they end up continue that losses with more gambling yet they can't stop because they believe "eventually my luck will turn". Same goes for traders, they find some coins and they think it will 100x somehow, didn't before they invested but for some reason it will right after they invest, it keeps going down and they sometimes even buy in more because they think if it was going up when they got, it will certainly go up now that it is even lower.

There is really no way we could stop those people, they will do whatever they think is right for them and they will find a way to lose even more money than they already lost.

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July 10, 2020, 07:05:12 PM
 #105

Anybody can loose in trading. As you said it's better one takes it as it happens and move on. Secondly during trading it's best one takes the decision as when to dump and move on than expecting someone to analyse and tell you. It has hurts many people. Whatever that comes during trading should be taken as it is and no one should be blamed for their wrong. Do your research and make your decision as your choice might be better.
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July 10, 2020, 07:59:25 PM
 #106

It is not always easy for some people to stop chasing losses, that is the problem. This exists in crypto gambling world as well, some people make excessive losses and they end up continue that losses with more gambling yet they can't stop because they believe "eventually my luck will turn". Same goes for traders, they find some coins and they think it will 100x somehow, didn't before they invested but for some reason it will right after they invest, it keeps going down and they sometimes even buy in more because they think if it was going up when they got, it will certainly go up now that it is even lower.

There is really no way we could stop those people, they will do whatever they think is right for them and they will find a way to lose even more money than they already lost.

So true, very valid points. This is the more reason why if I'm not investing in a coin for very long term, but for short term or mid term trading purpose, I must use stop limit at the next support level. Some people do not think about the negative aspect of buying a coin especially newbie traders, they just believe any coin with hype for instance will pump hard. However, if I'm investing long term on a coin, I invest what I can afford to lose.
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July 10, 2020, 08:12:15 PM
 #107

Who says other factors cannot contribute to a bad trade, if you have traded for a long time, you will realize that trading is not entirely in your hands, so identifying those factors and calling a spade what it is isn't a bad idea. 

Shifting blame is a characteristic common to many people. I don't think it is really a bad thing, to some it's a way of not feeling too down and depressed.

What works for you may not work for others, so if shifting blame to other factors works, let them continue. Not transferring blame after a trade is a characteristic exclusive to robots.

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July 10, 2020, 09:41:18 PM
 #108

What a trader should not do is to be aggressive about loses and be desperate to recover it. Trading involves losing and gaining. A good trader just to have more gains than losses. This way you won't need to lose more by trying to recover your loses.
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July 10, 2020, 11:03:55 PM
 #109

professional traders never think about what kind of market is right now. they simply follow technical analysis and they are constantly looking for entry points to different tools. the trader always earns.
In trading don't associate yourself with emotions because this can definitely hot your trading feelings. Sometimes, I heard about this from a professional that, keep your emotions alway while carry-on your trade to avoid running into necessary lose. Stick to your plans for you to avoid regret.

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July 10, 2020, 11:45:20 PM
 #110

You have a point, a professional will only try to minimize his/her loss and make sure profit is more than loss, I believe in cryptocurrency loss is inevitable, especially for traders, but something is sure, success is sure for an experience trader.
If these traders have a lot of experience and they will never take a big rate as the point to sell. We must remember if the crypto trend can change anytime based on the sentiment that has already happened in the market. It can also be dumped instantly. The trader must use the feature that will decrease their risk

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July 11, 2020, 03:41:58 AM
 #111

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

The first thing that an investor and a trader should learn is to only invest what they can afford to lose, there is no shortcut to that, no traders wins everytime losses are imminent, it's something that cannot be avoided, if we invest only what we can afford to lose, we can move on, learned a lot and make the right decision next time.

BACK FROM A LONG VACATION
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July 11, 2020, 03:48:05 AM
 #112

professional traders never think about what kind of market is right now. they simply follow technical analysis and they are constantly looking for entry points to different tools. the trader always earns.
In trading don't associate yourself with emotions because this can definitely hot your trading feelings. Sometimes, I heard about this from a professional that, keep your emotions alway while carry-on your trade to avoid running into necessary lose. Stick to your plans for you to avoid regret.
It's too hard for you to remove emotions from trading, but if you can do it, I believe you will succeed in this market and receive a lot of profits when investing. I have been trading for almost 3 years but I am always driven by emotions, which has made me often make bad decisions that lead to losses.

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July 11, 2020, 04:12:48 AM
 #113

of course you can avoid it if you do research on coins to be bought, we take the example of a very high doge recently, the price increase is linked to tiktok, from there people can predict or conclude that this coin will rise or not, indeed there are only 2 choices up or down, but the percentage will be much different.

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lienfaye
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July 11, 2020, 05:49:59 AM
 #114

What a trader should not do is to be aggressive about loses and be desperate to recover it. Trading involves losing and gaining. A good trader just to have more gains than losses. This way you won't need to lose more by trying to recover your loses.
I agree there's no need to desperately recover what you have lost, take it easy and have a concrete strategy on your next plan.

Losing is inevitable, even pro traders are not exempted to it but we can minimize our chances to have losses if we have a plan and not rushing.

Just keep in mind that its normal to lose sometimes what matter is you're not discourage to try again and do better.


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July 11, 2020, 08:22:54 AM
 #115

Whenever you buy an altcoins, it is better if we will have stop loss strategy in order for us to have acceptable losses, all of the professional traders are using this kind of strategy because it is really important. Do you want to have a portfolio that is -20% and more?  Of course not,  if we want to minimize our losses then stop loss strategies is what we need. It is easy to understand and to study as long as we are committed to learn it.
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July 11, 2020, 08:40:04 AM
 #116

As an individual traders in cryptocurrency we must be willing to take risk at all cost every time we do trade in the
actual exchange platform site anyway. We also must accept too that loss will be most often we may face in reality thing happens
compared of winning in trading. Meaning, in every loss it was an equivalent of new level of learning, isn't it right?
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July 11, 2020, 09:13:16 AM
 #117

Meaning, in every loss it was an equivalent of new level of learning, isn't it right?

Treating trading like this where you are always willing to adjust and you have positive
thinking even mistakes and losses happened to you.
Just don't give up and keep trying to find the right skills  to position yourself in a much
comfortable place while doing business.
Keep enhancing and adjusting will really gives you bigger chance to succeed from this
venue of business.

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July 11, 2020, 10:43:14 AM
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 #118

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

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July 11, 2020, 10:50:39 AM
 #119

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

This is a good insight, and one reason why every trader must first learn to understand the market language, understand if the market is showing bears or bulls. It should be the first step before you start analysis for gains. Always dyor. and remember to use stop loss too.
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July 11, 2020, 11:46:37 AM
 #120

I do not know if i should term it overzealousness or perhaps anxiety. Because for every trader that picks up profit almost daily or hourly; they find it hard to accept the true fact that the market can go against them; this keeps them in the trade; forcing trades and trying to get a profit to overturn the loss. Simply because they do not want to accept defeat.

My dear traders; the market will not always speak or dance to your tunes; there are some times when you simply have to close your laptop and avoid trade for few hours; learn to do that, and you won't have more losses.

You are right, there is no trader who does not get losing trades. Professional traders even have a number of losing trades, and you need to come to terms with this and take control of your emotions so as not to lose more. I myself at the beginning of my trading career traded on emotions and made rash actions that led to the loss of money. But there are people who can not cope with emotions, it is better not to engage in trading. If they strongly want to be a market participant, they should just invest in long-term.

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July 11, 2020, 01:19:35 PM
 #121

Traders do not have the capabilities to control any market after doing their technical analysis and entering a trade but some times along the line a fundamental analysis could alter the direction of the trade at such instance the trader has to accept the loss that is why there is stop loss, always use stop loss because an unforseen circumstance could cause a loss.

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July 11, 2020, 01:26:53 PM
 #122

Once you can control the emotions in this market, I believe you have become a professional trader and can make huge profits from it. Most people in this market lose money because they cannot control their emotions, always panic when prices fall or fomo when prices rise.
at the beginning of the trade and investment that I did, I also felt the same problem. easy to panic and always impatient. after a few investments and trading that I did, I just realized that it messed up the plan that I had made well.
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July 11, 2020, 01:43:52 PM
 #123

This is a good insight, and one reason why every trader must first learn to understand the market language, understand if the market is showing bears or bulls. It should be the first step before you start analysis for gains. Always dyor. and remember to use stop loss too.
Yes, sometimes traders who are new to crypto forget to use the stop loss feature, which feature is very useful to protect a trader from loss, because market conditions that often change within minutes make someone have to use it.
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July 11, 2020, 09:05:59 PM
 #124

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Yes you’re hundred percent right about this, there is nothing wrong here. Some people I see don’t want to accept that there are risks involved in trading cryptocurrency or any other assets. They just say it like there are no risks at all, and they are only talking about making profit and allowing their greed to take over the decisions they make, which is totally wrong. They are forgetting that if you’re not careful in this market you’re going to lose your money. And the ones that annoy me the most are the ones that will lose money and they come back to say that it’s a scam lol.

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December 20, 2020, 05:42:36 AM
 #125

Once you can control the emotions in this market, I believe you have become a professional trader and can make huge profits from it. Most people in this market lose money because they cannot control their emotions, always panic when prices fall or fomo when prices rise.
at the beginning of the trade and investment that I did, I also felt the same problem. easy to panic and always impatient. after a few investments and trading that I did, I just realized that it messed up the plan that I had made well.


A good way to not mess up your trade is to use OCO (Stoploss) functions on the exchange; after you have purchased and made your investment; you can set up the oco to limit your losses options, so that instead of missing out entirely on your capital, you atleast have little losses and can move on to other trades . ALSO, you cannot panic while trading crypto currency token. so work on your emotions and trading psychology.
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December 20, 2020, 05:55:27 AM
 #126

A good way to not mess up your trade is to use OCO (Stoploss) functions on the exchange; after you have purchased and made your investment; you can set up the oco to limit your losses options, so that instead of missing out entirely on your capital, you atleast have little losses and can move on to other trades . ALSO, you cannot panic while trading crypto currency token. so work on your emotions and trading psychology.
Even though I already know about the existence of OCO (Stoploss) on several exchanges, the solution you provide is clearly very good for everyone who trades using emotion, especially for beginner traders who have just jumped into several crypto exchanges.

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December 20, 2020, 06:17:46 AM
 #127

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Losing is part of the trading, price doesn't usually pump, it sometimes goes down. But according to studies, those who hold long term gets higher chance of gaining profit. Short trader usually losses big amount. It takes loses to familiarize the trend of crypto. Even those who are well experience still loses profit. When doing trading, be ready to lose and only trade what you can afford to lose.
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December 20, 2020, 06:54:13 AM
 #128

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
Win or lose is how trading works, you can't always expect all your trades to always be profitable there will always be days where you will lose hugely and you will feel like quitting, but having a loss one day doesn't really matter you can lost 10 trades but just 4 trades you get right will definitely make you recover the money you lost in those 10 trades and will even give you some nice profits on top of that, so whenever you have a bad day don't sweat over it, it just how the market works.

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December 20, 2020, 07:17:01 AM
 #129

professional traders never think about what kind of market is right now. they simply follow technical analysis and they are constantly looking for entry points to different tools. the trader always earns.
I think that is impossible professional traders always earn, even if they are professional, they will make mistakes someday, because they are human, not robot. But i think the great thing about them is that even though they make mistakes, they can quickly adjust to complete the counterattack.

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December 20, 2020, 07:27:37 AM
 #130

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease  Undecided

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December 20, 2020, 08:05:23 AM
 #131

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease  Undecided

That's the main point where most of us don't maintain our portfolio. Basically, we should not wait for more profits whenever it's on top price and we can secure our main capitals. To be honest, it's just a simple thing that we can profit out our initial funds and then we can wait for more pump as it won't affect on our porftfolio.

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December 20, 2020, 08:06:41 AM
 #132

investing in crypto must be ready to accept losses and profits, if only you get profit, loss is also part of the risk, ready to invest and trade and be ready to accept risks, long term and using free money is the best thing to invest and look for coins that top

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December 20, 2020, 09:34:26 AM
 #133

investing in crypto must be ready to accept losses and profits, if only you get profit, loss is also part of the risk, ready to invest and trade and be ready to accept risks, long term and using free money is the best thing to invest and look for coins that top
profit and loss were unseparate part in our trading  , we must understand and able to manage risk that may occur in our trading journey. capability in risk managing will save us from margin call an big mistake that may make our money totally loss.

I think the secret to success in trading is not to emotionally bond with investment tools. When investing in something, we have to set goals. If we don't sell when the time comes, the value of that thing will definitely decrease  Undecided
trading plan will be solution for it ,it will help us alot to defince when we enter to market and quit for liquidate profit or cut loss.

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December 20, 2020, 03:33:15 PM
 #134

I generally state that the best benefit is cash that goes pocket. Consequently, the initial step should be to decide the cash to be lost and afterward the objective to be procured should be resolved. I fix misfortune, we should follow the motivation behind why it occurred to stay away from a similar misstep once more.


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December 20, 2020, 03:46:47 PM
 #135

Yes you’re hundred percent right about this, there is nothing wrong here. Some people I see don’t want to accept that there are risks involved in trading cryptocurrency or any other assets. They just say it like there are no risks at all, and they are only talking about making profit and allowing their greed to take over the decisions they make, which is totally wrong. They are forgetting that if you’re not careful in this market you’re going to lose your money. And the ones that annoy me the most are the ones that will lose money and they come back to say that it’s a scam lol.
It is natural to say that because they have lost a lot of money there, they are frustrated and do not know how to recover those losses. greed that sometimes makes people forget the risks that must be faced

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December 20, 2020, 04:03:56 PM
 #136

The loss is very evident and a must for the trader but in crypto trading, you couldn't minimize or control while you go into the dip. Basically, if you are trading the top 20 or top 50 cryptos maybe you will get your previous price at which you had bought but for the crypto which is new and uncertain you never get back even your purchased price. So, be cautious while you are in crypto trading otherwise you will get into a severe loss.

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December 20, 2020, 04:04:51 PM
 #137

It is natural to say that because they have lost a lot of money there, they are frustrated and do not know how to recover those losses. greed that sometimes makes people forget the risks that must be faced
Yes, and that clearly can be a very valuable lesson in their life, because it is very difficult to suggest a greedy person, so one solution is after they have suffered a big loss so that it can make them quickly aware of the actions they have done before.

Indeed, greed is something we want to just disappear from ourselves, but it just like something that is partly impossible as it was part of our individuality. To be able to control greed will be the best feeling. Discipline As I suggest in many other threads. Discipline in trading will keep us on the right track, and avoid ourselves from unnecessary emotion such as anger or guilt.

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December 20, 2020, 04:34:18 PM
 #138

Actually limiting my loss made me lose more in last 2 months. It don't mean that limiting your loss is a bad idea. My limit was just smaller. If you want to succeed with your long term crypto trading, place a larger limits. My limit of 17.5K (for bitcoin) were triggered twice last month while the price was mostly around 19K and after it sold all my coins at loss, the price is now hovering around 23K.
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December 20, 2020, 05:21:11 PM
 #139

The loss is very evident and a must for the trader but in crypto trading, you couldn't minimize or control while you go into the dip. Basically, if you are trading the top 20 or top 50 cryptos maybe you will get your previous price at which you had bought but for the crypto which is new and uncertain you never get back even your purchased price. So, be cautious while you are in crypto trading otherwise you will get into a severe loss.

Im confuse about your word that "loss is a must for the trader", isnt profit is a must for a trader, why become loss is a must? If u mean loss sometimes cant avoided, then i agree with u

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December 20, 2020, 06:11:36 PM
 #140

To be honest I don't really agree with the op about forgetting the factors that cause losses. There are several factors that are often the main problem with a trader's big loss, namely wrong decisions such as trading with shitcoin.


No matter what some people will keep holding, even I have found myself in similar situations many time where the hopes remain high and one just tries to absorb the stress of loss but at the same time hopes the price will recover sooner or later, this do work sometime but mostly I have seen that new coins are not guaranteed to recover fully.
This is how important it is to study the price history of an altcoin. Most of the new coins were initially pumped up to increase their popularity, while the background of the project itself was not very strong which made it unfit for high prices in the long run.

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December 20, 2020, 06:47:57 PM
 #141

we ought to dissect first, so we know where the market moves, and we can choose base available circumstances. I generally state that the best benefit is cash that goes pocket. Consequently, the initial step should be to decide the cash to be lost and afterward the objective to be acquired should be resolved.
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December 20, 2020, 06:52:23 PM
 #142

Trading comes with loss and profit. Every traders trading while making profit should also expect to make some loss sooner than expected. You cannot always make profit while trading, at times you win and at times you loss but make sure to minimize your loss because that is the rule of the game.

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December 20, 2020, 08:52:07 PM
 #143

This is simply a part of trading guidelines and psychology. A trader doesn't look for revenge when you lose. You just need to focus and find more opportunities to make better profits. The more you keep looking for a way to revengde, the more you get  burnt.

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December 20, 2020, 10:30:34 PM
 #144

Being observant on the status of your funds is a must because you are seeking for earning and not loss so it is just a common thing that a trader himself must be aware to keep an eye on his own fund that it must be maintained at a acceptable loss level for exceeding on that can cause frustration and anxiety on the trader since we are talking about real money involve in here and that is a serious matter to be taken with. As a trader, you must know on yourself what is the acceptable level of loss you can endure to further decide what you suppose to do on that situation and to come on a decision to alleviate such suffering and make a move to manage your loss in trading. Loss is just normal but still you must deal on managing it as well.

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December 20, 2020, 10:59:44 PM
Last edit: December 21, 2020, 11:09:35 PM by seleme
 #145

This is simply a part of trading guidelines and psychology. A trader doesn't look for revenge when you lose. You just need to focus and find more opportunities to make better profits. The more you keep looking for a way to revengde, the more you get  burnt.
Revenge trading is the worst way to trade in volatile crypto markets, there are always opportunities on another pair in case of loss series. Losses are part of the game, accepting it is essential for long-term success. From my experience, being stubborn doesn't mean traders will able to recover the loss no matter which direction the market headed.  Having an emotional treatment on the financial markets can be costly for the long-term goals but we are traders, not robots. Limiting the emotions at a minimum can be done in many ways, having a trading plan solves the mentioned problem, IMHO.

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December 29, 2020, 02:40:03 PM
 #146

Being observant on the status of your funds is a must because you are seeking for earning and not loss so it is just a common thing that a trader himself must be aware to keep an eye on his own fund that it must be maintained at a acceptable loss level for exceeding on that can cause frustration and anxiety on the trader since we are talking about real money involve in here and that is a serious matter to be taken with. As a trader, you must know on yourself what is the acceptable level of loss you can endure to further decide what you suppose to do on that situation and to come on a decision to alleviate such suffering and make a move to manage your loss in trading. Loss is just normal but still you must deal on managing it as well.

Committing losses here in cryptocurrency was inevitable but the control and the amount of how much we are willing to lose was on our hand. We can't make sure that in our every trading, investments or gambling we can always make a profit out of it and that is why we should learned how to manage our emotions well so that we may not commit to much high risk that may result in an amount of loses that we can't afford to lose.
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December 29, 2020, 02:48:54 PM
 #147

I wanted to let you know about this sentence: "A loss isn't a loss, till you hit the sell button."
Here's the deal, you opt in for a trade and you pick a choice and then the market picks another way other the one that you predicted, selling because of the fear at that moment will put you in a loss, in the other side waiting and having a little bit of faith or patience could lead into a win. Put that in your mind always.
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December 29, 2020, 02:53:14 PM
 #148

your points are valid. there is no good trader that has not loose a substantiated amount of money in trades. there is no way a trader will win every trade 100%. personally i have lost countless trades. even 1inch i got free recently. i bought some token in the market hoping that a repeat of uni token bull run will happen but the reverse is the case. token has been plummeting since day one and liquidity providers are crying endlessly.

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December 29, 2020, 02:55:16 PM
 #149

I wanted to let you know about this sentence: "A loss isn't a loss, till you hit the sell button."
Here's the deal, you opt in for a trade and you pick a choice and then the market picks another way other the one that you predicted, selling because of the fear at that moment will put you in a loss, in the other side waiting and having a little bit of faith or patience could lead into a win. Put that in your mind always.

Wondering what you will say about the current situation of Ripple and also the recent attack on cover protocol. market movement on ripple has been on the declined and people has been selling off. there is no chance that ripple will survive. if you are a ripple trader and saw what is happening to ripple. will you hit the sell button or not.

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December 29, 2020, 02:56:02 PM
 #150

I comprehend your point. We're human and not a robot that doesn't have any sort of feeling or emotions. Our believing, our feeling and assessment resemble two appearances of a coin. What number of traders disclose to you that they make a profitable order, make a few additions because of 'simply feeling fortunate' or based on their inclination? Clever when we make an awful request, misfortune then we accuse the entirety of our feeling and need to totally eliminate it. Despondency from misfortune become weight that makes us more cautious at later in light of the fact that we realize how suck it is

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December 29, 2020, 06:18:02 PM
 #151

never invest more then what you can afford to lose and never forget to take some profits
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December 29, 2020, 06:24:36 PM
 #152

yes, I would say that people easily experience losses when trading because they cannot control their emotions, are too greedy, cannot manage finances properly etc. it happened to myself, I learned from my mistakes, I am not an expert trader but at least I can minimize the risk of loss.

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December 29, 2020, 06:46:45 PM
 #153

I wanted to let you know about this sentence: "A loss isn't a loss, till you hit the sell button."
Here's the deal, you opt in for a trade and you pick a choice and then the market picks another way other the one that you predicted, selling because of the fear at that moment will put you in a loss, in the other side waiting and having a little bit of faith or patience could lead into a win. Put that in your mind always.

Wondering what you will say about the current situation of Ripple and also the recent attack on cover protocol. market movement on ripple has been on the declined and people has been selling off. there is no chance that ripple will survive. if you are a ripple trader and saw what is happening to ripple. will you hit the sell button or not.

what happens to ripple is more serious than just a normal drop event of any coin and if im involved in ripple i think im not going to think hard but i already found my selling before but he can respond different if he is faithful in his coins and besides we wont know what will really happen to ripple if we wont wait and see till the end of those chaos

 and i heard that some ripple users will wait and wont sell and there will also exchange that will wait for more time before deciding if they are going to delist xrp or not, there still a chance i guess ?
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December 29, 2020, 06:58:29 PM
 #154

of course all traders will experience big and small losses that is what is called an investment full of risks if we do not have the knowledge and mentality in the field of crypto investing it is better not to invest because the movement up and down so fast loss of assets will occur at any time
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December 29, 2020, 07:21:36 PM
 #155

of course all traders will experience big and small losses that is what is called an investment full of risks if we do not have the knowledge and mentality in the field of crypto investing it is better not to invest because the movement up and down so fast loss of assets will occur at any time

In case of any investment, professional investors check the investment situation in advance. So your knowledge will definitely play a major role in investing here. I have seen many traders who come to trade without gaining proper knowledge about trading and get out of the market with huge losses.

They would not have faced that loss if they had acquired the right knowledge in advance to trade.

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December 29, 2020, 07:59:28 PM
 #156

One of the things that causes more loss is what I call vengeance trading which means you want to recover your loss by all means anytime you have a losing trade. These things always result in more losses. The best thing to do is to accept any loss, cut your loss and move on to next trade.

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December 29, 2020, 09:04:26 PM
 #157

I agree that every trader will experience losses, and there is no need to panic and stress when experiencing losses. Because losses are sure
to happen if we trade crypto, the most important thing is how we accept these losses and make the losses we experience as learning. In order
to correct every mistake we make when trading. Because in reality not all traders can accept when they experience losses, those who incur
losses usually blame the coins purchased. Even though sometimes the loss occurs because it is purely our own fault.

Therefore, when trading, you must make the right preparations, so that the strategy used goes according to plan and don't forget to always use
stop losses when trading. So that the losses we experience can be limited, and protect the capital we use for trading.

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maximumcoin
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December 30, 2020, 02:34:37 AM
 #158

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

Keep your loss at an acceptable level is the risk management. That is the first lesson that everyone need to learn first before entering the trading financial market, but it's also the part that be ignored the most because when they begin to trade, they just only focus on profit first, not be the risk which they will might lose.

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December 30, 2020, 12:18:32 PM
 #159

Loss and profit in business or investment are like both sides of a coin. You can't think one than the other one. If you wish to make a profit, then you have to keep a calculation of loss as well. Yes, it's a big term for a be gainers, sometimes they lost their hopes after facing a loss, but you have to be calculative and you have to gain the power of assumption. You have to make a profit by keeping the losses a side without blaming the market or platform.

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December 30, 2020, 05:53:54 PM
 #160

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too
It is very natural to make mistakes actually, even not here on crypto, even in life. Through those mistakes, we learn and as we learn, we get better. There will be instances where we will find something to blame whenever we make mistakes but that shouldn't be the case, we should not focus on what may have caused us to fail, we should focus on how we will succeed the next time we experience the same thing. Be smart and wise always with your decisions so that you can avoid committing a mistake or if not, just use it as a weapon to beat the odds in the future.
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January 21, 2021, 06:47:18 PM
 #161

You will learn a new lesson, from every loss that can help you in the future. After getting the knowledge they will make more profit by applying their experience. And people should more research on this platform, then they will get knowledge when they want to trade and when they want to hold their coin as well.

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January 22, 2021, 09:50:38 AM
 #162

The emotional and mental controlled are necessary tributes for you to become great investors because in the same way that you are happy to earn a lot of money, we must control the feelings when having great losses. I confess that it's not easy to control feelings but a good reflection guarantees autonomy in research and investments.

It's something I recommend to everyone
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January 22, 2021, 10:56:19 AM
 #163

What You said here is absolutely True. After all, trading is Game of Probability. no one will lose their entire capital with proper money management. You can see people who lost their Entire Capital in Single trade with out Proper money management. I mean with Defined Risk we wont lose all your capital. Below Math ll help u i hope. Losing is Healthy in Trading but Don't lose without Calculating  Tongue Tongue


For Example

Capital $ 10000

Risk per trade 3% .i.e $ 300

Total no of Failed trades to Blow the account = 33

Imagine there is NO 100% chance that your Prediction about market ll go wrong 33 time Narrow...Even a kid trade he wont lose Cheesy Cheesy
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January 22, 2021, 03:02:12 PM
 #164

to secure of more as keeping of the good returns as information and rest with chance as complying terms to helps as with the current of future terms to improve level of fallacy as experiencing same or similar case with the current one.

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January 22, 2021, 03:41:38 PM
 #165

One of the things that causes more loss is what I call vengeance trading which means you want to recover your loss by all means anytime you have a losing trade. These things always result in more losses. The best thing to do is to accept any loss, cut your loss and move on to next trade.
To put it simply, you should focus on managing your emotions. vengeance trading could be compared to greed because you are trying to retrieve all the trade you have lost. And yeah this greed will always cause losses. I mean you can try to retrieve it back but not in a reckless way like if you happen to lose your trade and you want to get it back then study what you did wrong and try to formulate an analysis on how you will improve it, so basically try to make your own research.



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January 22, 2021, 05:10:25 PM
 #166

One of the things that causes more loss is what I call vengeance trading which means you want to recover your loss by all means anytime you have a losing trade. These things always result in more losses. The best thing to do is to accept any loss, cut your loss and move on to next trade.
To put it simply, you should focus on managing your emotions. vengeance trading could be compared to greed because you are trying to retrieve all the trade you have lost. And yeah this greed will always cause losses. I mean you can try to retrieve it back but not in a reckless way like if you happen to lose your trade and you want to get it back then study what you did wrong and try to formulate an analysis on how you will improve it, so basically try to make your own research.

It is easy to say but "VERY" difficult to do. Managing your emotion is no simple task, even for an experienced trader out there especially for greed which is definitely very deadly and risky. But we can do it gradually, and learn from the experiences that we encounter.

But greed doesn't always cause losses, they may give you winnings but this is seldom, so definitely not recommended.

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January 22, 2021, 08:43:36 PM
 #167

To put it simply, you should focus on managing your emotions. vengeance trading could be compared to greed because you are trying to retrieve all the trade you have lost. And yeah this greed will always cause losses. I mean you can try to retrieve it back but not in a reckless way like if you happen to lose your trade and you want to get it back then study what you did wrong and try to formulate an analysis on how you will improve it, so basically try to make your own research.
It will be better if you could take things slight better rather than complicating things, trading is not rocket science but you will have a general idea about the market, the basic concept is to never sell at a loss and suppose you think that the market is tanking and a major correction is inevitable it is better to sell off and then purchase once again once the market settles down.
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January 22, 2021, 09:49:10 PM
 #168

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

indeed, people should ready for take any profit in the right price level and cut their loses in short,
and always think realistically, so they will not blamming any factors
regards
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January 23, 2021, 02:29:47 AM
 #169

Positive thinking like this will help your development in understanding the market situation, but unfortunately most people cannot accept it and blame others for their losses. whereas if learned correctly maybe 3 or 4 out of 5 their transactions can be successful.
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February 04, 2021, 01:29:32 PM
 #170

Everyone should invest in the market position. And everyone who invests should think that if he/she will lose, how much the loss would be. Whether that loss will affect life too much. He needs to invest as much as he can afford to lose.
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February 04, 2021, 02:46:34 PM
 #171

I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.

Always accept the market as it is without blaming any factors.
Always dyor too

You are right, if you always blame external factors in your failures, you will not be able to see the real problem that leads you to a loss when trading cryptocurrency. If you have lost trading cryptocurrency, you need to study this situation in more detail and see the root of the problem. It makes no sense to blame the market or the information that you receive, it is you who make the decision in this or that case. I also learn to trade in cryptocurrency and there were times when I made mistakes, but I knew for sure that it was me who was to blame, since at some point I was weak and succumbed to external factors.
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February 04, 2021, 02:54:07 PM
 #172

Everyone should invest in the market position. And everyone who invests should think that if he/she will lose, how much the loss would be. Whether that loss will affect life too much. He needs to invest as much as he can afford to lose.
for long-term investment, sometimes when you get a loss, but the project is still running and developing, we can still wait until the moment comes. but in trade keeping from panicking is usually difficult. and that feeling of panic that can sometimes save us can also make us regret it. in investing or trading, of course, we ourselves have determined the selling and buying price again for each asset.
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February 05, 2021, 06:46:39 AM
 #173

I actually understand your view of things and no matter what you are trading if its forex or crypto sometimes you actually have to know that most times the market follows the trend of what’s going on and you have to decide if you are going for a short time trade of a long time trade because that would determine your position wether you used use your stop loss or hold for a while
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February 05, 2021, 07:15:05 AM
 #174

Everyone should invest in the market position. And everyone who invests should think that if he/she will lose, how much the loss would be. Whether that loss will affect life too much. He needs to invest as much as he can afford to lose.
Losing is inevitable sometimes however there's a way to avoid it and that is by having your own plan and strategy to follow. If the market is bloody, dont panic.

Those who easily wipe by FUD are likely a weak investors who cant stand seeing their assets losing its value. We all want to earn thus be patient and learn to wait, its not going to happen overnight. Follow the basic rule of gaining knowledge, do your own research and invest what you can only afford to lose.

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February 07, 2021, 08:04:43 PM
 #175

The end results of every trade is gain or lose. You can't take that away, no matter how smart you are. Even the so called expert do have losses amd sometimes, the losses are huge. While we do know or noticed is because they make more profit that cover up for the losses. It will be a nice thing to do if you accept loss when the loss is at a small or minimal stage. Don't ever think the trade will go back to your predictions. Close the trade and enter into a new trade. With a good signal, and yogu keep watch on the trade. Or either set take profit or stop loss. And when you noticed the trade is going as you predict, move your stop loss into your gain level.

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