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

[cheezcarls]

Oh well, if that’s what he thinks, then perhaps he needs to be a little bit more educated. However, if he is just being close minded, I know that it’s difficult for you to break through his glass to re-open his mind again about crypto trading. For me, he lacks risk management of his portfolio. If he just knew how to do that, he would have never give up and speak negatively about crypto trading. Take note that crypto trading has no astronomical guaranteed returns, because it always depends on the market situation, risk management and technical analysis.

[DoublerHunter]

^ You are definitely right, dont expect that there is a good return but instead, consider the possible circumstances that probably will occur ahead and bear in mind trading won't give a perfect way of making a profit. Failure is normal and if this will happen, make sure that you will learn from it. I heard so many times here that experience is the best teacher after all. Learn from those mistakes and you will be fine in the future and probably there will be calling you an expert in trading and become successful. Nevertheless, all I can say is stand strong and never give up.

[terrorJR]

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

On balance, almost those who fail their trades will tire of starting over again, and partly correct their trading mistakes. Think about it, how people can't make up for their bad experience in trading but still don't realize their mistakes. he spends his time and money, but earns nothing. really useless !!!
however the person who has realized mistakes in trading, then corrects unsuitable strategies, learns trading methods regularly, will get satisfactory results.
back to their respective characters, the suitability of trading is always different.

[Kelvinid]

^ You are definitely right, dont expect that there is a good return but instead, consider the possible circumstances that probably will occur ahead and bear in mind trading won't give a perfect way of making a profit. Failure is normal and if this will happen, make sure that you will learn from it. I heard so many times here that experience is the best teacher after all. Learn from those mistakes and you will be fine in the future and probably there will be calling you an expert in trading and become successful. Nevertheless, all I can say is stand strong and never give up.

To give up is an option to anyone, to someone who finds themselves out of the race. We neither force ourselves if we know our capabilities are not good enough for trading because that will be our biggest mistake ever.
Trading is not for everyone and is not an easy job to do, people should have to know this. And that is why some traders just quit and leave in order to continue their journey to find the best opportunity suitable for them.

[aysg76]

It is not at all advisable to run from your failures but face them strongly in trading and normal life cycle also.But there are some exemptions for this like if you have traded in wrong coin or your trading strategies are not working properly then you need to make changes in them and try to learn from your mistakes.Look at the charts and try to follow the market patterns and candlesticks which will lead you to profit road.Turn your losses into ladder of success to climb profit mountains.Get habbit of facing loss and if you don't have strong heart then surely running away is best option for you.

Anyone can run away it's super easy.Facing problems and working through them, that's what make you strong

[kolbalish]

In my feeling, there is no usefulness to running it. Because even if you inquire about it, no good outcome will move toward it. When it comes to being a failure, you should go behind and learn about trading differently. No one gets abundant overnight in trading, so you have to be patient and struggle.

[dothebeats]

I usually just take a breather before going in and trading again. It helps me regain focus and start fresh and new. It also helps me do better judgment calls on my next trades and analyze where I went wrong. While running away and letting things be is okay, coming back stronger after a loss on trading is better as you already gained some experience and some new knowledge along the way. I suffered lots of losses in trading back in the days but I'm still here and doing some trades. It's the experience that matters on losses (well, the money is also important but you know) so learning a thing or two on where you went wrong is actually helpful.

[wxa7115]

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)

For the most part it is useless to talk and try to convince people like that, they are too embittered by their own experience that they are not going to listen to your arguments at all, now I could kind of understand this if he lost his money to an exchange that scammed him and now he is suspicious of this market but I doubt this is what happened.

If I were to guess it is obvious he was using leverage without a stop loss and then the market began moving against him and instead of selling for a loss he kept the trade open and lost all the money he had and now blames the market instead of admitting that it was his own decisions that caused such a dramatic loss of his capital.

[Alucard1]

We should never run whenever we lose on trading, it won't help us become a better trader, instead of running, you better things on it, why not learn by your mistake? know what to change on you and how to improve your trading, that could be more helpful if you fo us on positive side than just giving up.

[Questat]

We should never run whenever we lose on trading, it won't help us become a better trader, instead of running, you better things on it, why not learn by your mistake? know what to change on you and how to improve your trading, that could be more helpful if you fo us on positive side than just giving up.

if you find it no good and the result still not acceptable, it gonna be suicide. Why not open our eyes and think that trading isn't for us, in fact, we can find other opportunities that might give us a better fortune. Better to stop pretending that we are okay regardless of how many losses we got and even paralyze our financial capabilities.
It finds no good to continue doing this if we can see that we are in fewer chances to become a better trader. It finds not reasons to chase your losses in the past as it impossible to recover them but better to let it go and move on for the next chapter.

[irsykes]

If can be counted, my losses in trading activity is bigger. But i earn back from bounties and airdrop. Because usually i always cut lose my assets when i think it will go down. Gratefully i am never stressed and sometimes keep trading although always lose. But usually i only use money that i think ok if i lose it so maybe that is why i keep easily to cut lose.

[isaac_clarke22]

~

It's quite common honestly. Back then I had the thoughts of day trading more than $100 in Binance, but I realized that I never knew how each coins perform within 24 hours so I just went back down.
All I know was that I was investing <$15. Turned out to be all losses.

[DarkIT]

Oh well, if that’s what he thinks, then perhaps he needs to be a little bit more educated. However, if he is just being close minded, I know that it’s difficult for you to break through his glass to re-open his mind again about crypto trading. For me, he lacks risk management of his portfolio. If he just knew how to do that, he would have never give up and speak negatively about crypto trading. Take note that crypto trading has no astronomical guaranteed returns, because it always depends on the market situation, risk management and technical analysis.

Just hold.Trading had it's two sides.Everything had a positive and negative side.You should hold,when the negative plays a role by the dump.When the positive happened with the pump,you can sell it.By this move,you can earn huge profit from it.Using a chance is a unique move done by the clever traders.Risk management is essential to get profit.

[goaldigger]

Losing money in trading is normal and this is just the result of every strategies that you’ve used so don’t run away without solving these problem because you’ll forever carry that fear of losing money again.

Make this losses as your inspiration to do better on your trades next time, and learn that you should not go all-in in trading, you must know how to manage risk and trade responsibly. We traders have our own losing streak stories, but of course we are still trading to win some money because crypto trading is way more profitable compare to any other market.

[Ridwan Fauzi]

Sometime yes, run it means I'll find some place to relax so as I can back to trade with the comfortable mind. Trading need a good mind or you need to have a comfortable feeling when you get start. You will just get a huge lose when you are trading in the bad situation. I mean, when you have a lot of things in mind you will not have a good psychology. This thing will affect to the strategy that you make, you will just be in rush to make a decision.

I have many experience when I had a lot of things in mind and I did day trading. I just make a lot of wrong decision and make a lot of entry until I just realized that I got a huge lose. This situation just came when I didn't know much about technical analyst strategy and I haven't learn about pshycology trading.

[Yamifoud]

Losing money in trading is normal and this is just the result of every strategies that you’ve used so don’t run away without solving these problem because you’ll forever carry that fear of losing money again.

It is very important to know what strategies are effective and which not. We don't need also a lot of strategies to become profitable in trading because having 1-2 strategies is enough.

Make this losses as your inspiration to do better on your trades next time, and learn that you should not go all-in in trading, you must know how to manage risk and trade responsibly. We traders have our own losing streak stories, but of course we are still trading to win some money because crypto trading is way more profitable compare to any other market.

Openness is somewhat important in trading, we have to stand corrected if we find it was wrong and have to correct it right away. If we just easily giving up, we are simply putting ourselves disrespected. Why not trying for the second chance and correct all the mistakes we have, who knows.

[martina14]

Of course I don't go run when I failed or loose in a trade anyway. Instead, I keep going continue to trade because this was the main
source I got now for a couple of years. And besides loose in trading is just a normal thing part of the business for the individual traders here in crypto currency business.

[Hippocrypto]

I don't give up after I failed, I just need a comfort zone after all failures begun to break me down on my entire emotions. This is the most difficult scenario for a trader like me, because most cases literally affects our emotions due to several factors.
Financial stability is really a big struggle when it come to trading, but there's always a diversion in every single situation. We just need to open our minds on other possibilities, that would reverse those negative outcome just to make it positive.
Learn from those failures to become your strength, eventually you'll able to cope up.

[Twinkledoe]

I don't give up after I failed, I just need a comfort zone after all failures begun to break me down on my entire emotions. This is the most difficult scenario for a trader like me, because most cases literally affects our emotions due to several factors.
Financial stability is really a big struggle when it come to trading, but there's always a diversion in every single situation. We just need to open our minds on other possibilities, that would reverse those negative outcome just to make it positive.
Learn from those failures to become your strength, eventually you'll able to cope up.

We can learn from our failures. So yes, don't ever give up once you failed. We need more failures in life not only in trading, before we can see the reasons why we failed. And that will be our learning lessons that we can bring throughout this journey. I just take a break before moving forward. Also, don't regret your past decisions, it will just make your head hurts thinking all your failures in trading. Just look forward and use the tips that you gained.

[Peanutswar]

There are a lot of people give a bad impression in terms of trading and mostly they are the one who losses a lot of money instead of having risk management to themselves. Trading is just only for people who can handle themselves and try to make earning. It's better if we keep our selves knowledgeable about the trading, not all the time this gives us a good outcome at the end of the day we are looking with the profit losing trade is part of the game if you don't want to lose I think its a god-tier trading you are. Always analyze the mistake if you lose in a trade don't overconfident about the basic information you shouldn't properly analyze because you win a trade one time.