Keep your loss at an acceptable level

[VanityWallets2015]

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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[South Park]

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.

[cytpoway121]

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

[InwardContour]

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.

[Lasky366]

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]

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.

[imoet]

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.

[Lexurdania]

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

[jerrison]

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.

[omone1]

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.

[panganib999]

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.

[fortunecrypto]

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.

[lienfaye]

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.

[lousie9]

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.

[michellee]

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.

[Kezacky]

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.

[sangjoewara]

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.

[Kotone]

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.

[cassavachips]

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

[Maackayon1]

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.