Do you run when you fail or loose in a trade?

[udidrone]

I know my mistake, which is easy to get panic and fomo. Always late to get information, and then afraid to missed train. Buy ask, then lose, repeat. For now i only buy coins that i think good or maybe usable by people like ETH in past, which is used by a lot of tokens to be fees and needed and maybe now there are a lot of coins to buy and hold. Since i know my mistake, i change my trading way and now only buy and hold.

[doomloop]

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

This is nothing, I have seen a lot of people like that. I can remember the last person I met, a lady, and she was telling me how she lost money in trading bitcoin. I tried to make her understand, but she said that she has already made up her mind never to trade cryptocurrency again and will never do that. Such a person will try to discourage her friends and others from trading and investing in cryptocurrency. She keeps saying that bitcoin is a scam.

There are so many people like that who lose their money in trading, and it happens everyday to a lot of people, and some of them run from it and call it a scam, it’s going to be really hard to convince them to invest their money and time in it again.

[Yatsan]

I do not momentarily run once I experience loss in trading for I just barely know that such is a part of doing trading. What I just do is rest for a while and observing the market and once I got something in mind that I think can help me out, I will come back again to try and the process repeats on a cycle. I just keep on trying until I get through that because if you will just keep on running and is afraid or having a hard time facing losses, then you will not grow for you will be just facing lots of stresses and that will not help you out surviving trading with crypto.

[CryptopreneurBrainboss]

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

I believe that's what makes the difference, you'll hardly see any quick money seeker do such. They probably will move on to sometimes less stressful and appealing like entrusting their funds to some random online traders or invest in project that promise daily fixed return.

Only those truly interested in perfecting the act of trading will reflect on the decisions they took that made the trade unsuccessful. The works doesn't end there, you also have to work on correctly that mistakes you made and not just let it go.

Professional traders has something in common they gathered the experience they currently have from frequently learning from their mistakes so if you intend to have a successful trading career then you must do the same.

[unusualfacts30]

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

You have to build your strategy beforehand and follow through. If you lose a trade, you take a rest and come back when you're ready for another round. As long as you keep learning you will start making profitable trades. Panicking can only happen when you give into your emotions instead of following technical indicators.

[Chato1977]

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

But you did not mentioned why He Lose all , and in what way.. But if this is a legit Trading that he fails? then He is stupid to feel that way when it was His own choice and mistakes.

-

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

I have Lose in trade back then but i did not stop trying until i finally made a Hit and continues up to now.

Losers has no place in this market.

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

First >>>>> Mind Set = You Must know the risk and ready for the Outcome .

Second >>> Making Right Decision = never set for Big Wins , instead be contented with a little but sure profit.

[sarmrakib]

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

You have to build your strategy beforehand and follow through. If you lose a trade, you take a rest and come back when you're ready for another round. As long as you keep learning you will start making profitable trades. Panicking can only happen when you give into your emotions instead of following technical indicators.

The more important that how much we have learn from the loosing. I think it is the best way to keep getting profit on trading. I actually follow my strategy and never fall down on it. I have lost many trading but i always put stop less that helps me to decrease my losses and make high ratio on my profit. So i think you need to have more patience before starting your trade.

[ethereumhunter]

If I lose in trading, I will not run from the loss. I will keep trying to trade. But I will take a break for a while to calm myself down and rest to analyze better than before in the next few days. That is important for us to learn from the mistake that we made before to know what we need to fix and have a better chance to make a profit. It is normal to lose from trading, but how we can deal with that is a matter that every trader can not do because that will be hard to accept the loss.

[blckhawk]

If I lose in trading, I will not run from the loss. I will keep trying to trade. But I will take a break for a while to calm myself down and rest to analyze better than before in the next few days. That is important for us to learn from the mistake that we made before to know what we need to fix and have a better chance to make a profit. It is normal to lose from trading, but how we can deal with that is a matter that every trader can not do because that will be hard to accept the loss.

That is a good approach in dealing with your loss, knowing your mistake, find out what have you done working, and making a better analysis. Taking a break from having a consecutive loss is necessary for you to calm your mind and get out of the pressure because emotions have a big impact upon dealing with your trades. Loss is just part of our trades this became our lesson to not repeat the same mistake. Well, I can't blame that person who OP mentioned on his thread but I can't blame him, you should know your limitation, don't trade if you can't able to handle your loss.

[xianbits]

You'll lose if you totally quit. There's no one in this world who never experienced have negative profits in there trade. But they still become successful because they learned from those mistake and took it as a motivation to do better. There's a lot of chances after every losses. All you need to do is to grab that opportunity

[Kez1817]

Of course not! If I lose in trading, I always find a way on how to manage it very well next time so that I can avoid loses. I just study the market movement, the graph and think some strategy to use. Trading is really risky and I already know that before I enter and try to trade. Also, I always use my experienced to learn more and not to give up.

[udidrone]

I know my mistake, which is easy to get panic and fomo. Always late to get information, and then afraid to missed train. Buy ask, then lose, repeat. For now i only buy coins that i think good or maybe usable by people like ETH in past, which is used by a lot of tokens to be fees and needed and maybe now there are a lot of coins to buy and hold. Since i know my mistake, i change my trading way and now only buy and hold.

If we experience failure or make mistakes when trading, don't run away, but we do have to face it. As you would have done when you made
a mistake, immediately changing the way you trade is the right thing to do. Actually someone's trading success is how quickly they realize
their trading mistakes and fix them immediately.

I think change way of trading maybe not considered run away right. Because style of people in trading is different each other and holdings maybe can be called trading too only have different in time to do it. Sometimes, i really try to do day trading activity, but every my buy order filled, and then dumped, i keep panic and still don't know how to fix it.

[tygeade]

If I lose in trading, I always find a way on how to manage it very well next time so that I can avoid loses. I just study the market movement, the graph and think some strategy to use. Trading is really risky and I already know that before I enter and try to trade.

Yeah, only because of lack of awareness about trading most people are getting frustrations when they see losses occurring to their capital. But, when they are aware of dangers of crypto trading, then they will simply move on by accepting losses to prepare for next profitable trade. This way I guess you must be an experienced trader and that is why you are not running away .

When I was newbie in crypto trading, I was trapped by wild bitcoin markets' fluctuations which made me run away literally. Yes, I did not trade for next 2 months and after that I started trading again with my friend's help as he was successful in technical part. I followed him and I learned lots of things from him on how to finish off trades in profits.

[seramania]

I know my mistake, which is easy to get panic and fomo. Always late to get information, and then afraid to missed train. Buy ask, then lose, repeat. For now i only buy coins that i think good or maybe usable by people like ETH in past, which is used by a lot of tokens to be fees and needed and maybe now there are a lot of coins to buy and hold. Since i know my mistake, i change my trading way and now only buy and hold.

By changing your strategy pattern, you are already successful and better than running away. try to stay there and see how potential the coin you choose is right now. your fault is not due to coins, or anything else but your strategy. If you dare to speculate try again and don't run you will be a winner in the future. the most important thing is to always learn and be consistent to get a profit

[Twinscoin2017]

Before we enter on crypto we need to know first that in crypto it is not easy to earn. The crypto trading is always risky it involves big money and if you loss posible you really get depressed for that loss specially when it's big loss. But you need to charge it to experience, beause if you will run you cannot get your loss asset back, the reason that people is joining here in crypto is to earn so if you fall stand up and continue, beause not everytime we are into loss I am sure that we can win someday if we dont stop believing.

[Desscount]

losing in trading is a good thing, because from that mistake we can take lessons, just like me, I once lost $ 500 in futures trading,
and of course it really makes me disappointed, and feel frustrated, because I feel that I do not play in futures trading again and again,
and I prefer the spot market with large capital, yes and from that mistake I learned.

[boty]

losing in trading is a good thing, because from that mistake we can take lessons, just like me, I once lost $ 500 in futures trading,
and of course it really makes me disappointed, and feel frustrated, because I feel that I do not play in futures trading again and again,
and I prefer the spot market with large capital, yes and from that mistake I learned.

you have almost same situation with , in few days i  lost around $1000 from balance due futures trading , but i know its the risk that occur when i am strat clicking buy or sell button. i dont run of give up with this situation , but i am trying to analize what is wrong with my trade ?  am i over leveraged , over trade or i make wrong analisys ?in every mistake we could take important lesson , and now slowly i could recover this loss.

[kawetsriyanto]

Trading is not kind of easy thing. The most difficult thing when trading is controlling our emotions to face even the winning or losing.
So far, many people depressed because of losing much money in trading, worse they suicided and this is very bad. that is why every time there are people or newcomers into crypto, I will tell them to be ready with all kinds of risks that will probably face during trading.
But everybody is different. for us, we may depress but we can take lessons from it, there is no benefit of feeling depressed so a long time. We can take one more step to trade and then get profits.

[adzino]

Wouldn't it be a "waste" to run away after you fail or lose in your trade? Making mistakes and losing money while trading is a part of a lesson that you can learn and avoid them in the future. It's a part of learning experience to be exact. If you fail once and never try again, you are a real loser and wasted a lot of precious time. If you aren't successful, the best thing to do is find out why you failed and learn from it. Next, you avoid those mistakes in the future. But then you will make new mistakes and you repeat until you have gained enough knowledge. Eventually you will be ready and become an experienced trader which will help you to succeed in your future trading. In other words, don't run. Keep trying (as long as you can afford).

[ethereumhunter]

If I lose in trading, I will not run from the loss. I will keep trying to trade. But I will take a break for a while to calm myself down and rest to analyze better than before in the next few days. That is important for us to learn from the mistake that we made before to know what we need to fix and have a better chance to make a profit. It is normal to lose from trading, but how we can deal with that is a matter that every trader can not do because that will be hard to accept the loss.

That is a good approach in dealing with your loss, knowing your mistake, find out what have you done working, and making a better analysis. Taking a break from having a consecutive loss is necessary for you to calm your mind and get out of the pressure because emotions have a big impact upon dealing with your trades. Loss is just part of our trades this became our lesson to not repeat the same mistake. Well, I can't blame that person who OP mentioned on his thread but I can't blame him, you should know your limitation, don't trade if you can't able to handle your loss.

I realize that is what I can do to prevent more losses and to deal with myself. If I lose, I will be sad and that can trigger my emotion to try more and more without thinking about stopping trading for a while. I can say this because I have the experience of losing some money in just less than a day but I still try to analyze the other coins. That makes my losses bigger, but fortunately, I got a phone call that makes me leave my computer so I do not lose all of my balance. Without knowing our limitations, we can use all of the funds to trade, leading us to lose all of the money.