LUCKMCFLY
Legendary
Offline
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
|
|
May 01, 2021, 03:40:10 AM |
|
In my personal case, I never feel ashamed or stop trading if I have losses in my operations, losing is a normal part of trading, the important thing is to obtain a positive balance, I always carry out 3 operations, if I lose the first I must recover with the second operation and exit in profit, but if the second trade I lose, I must recover with the third trade and if I lose the 3 trades it is because I do not have the correct view of the market and it is better to assume the loss than to seek revenge because it is worse, in that case I exit the market and wait for another entry opportunity, there are always opportunities to get good options, the market is benevolent.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Shasha80
|
|
May 01, 2021, 04:06:23 AM |
|
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. Most successful people always learn from every mistake they make, so when we fail and never give up trying to succeed. That's what we also use when we fail in trading, we need to remember that even successful traders often experience losses and failures in their lives. For me failure is not the end of everything, because the more often we fail, the closer we are to success. So my advice is that if we experience losses while trading, there's no need to run and we have to be brave enough to face them. Correct the mistakes we've made and move on, I'm sure success will come too.
|
| | | | | BIGGEST AND MOST TRUSTED FULLY LICENSED CRYPTO CASINO | | | | ▄▄▄▄█▄█▄▄▄▄ ▄█████████████▄ ███▀▀███████▀▀███ █▀ ▀█▀ ▀█ █████████████████████ █████████████████████ █████████████████████ ███████████████████ ███████████████████ █████████████████ ███████████████ ███████████ ▀▀███▀▀ | █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █ █ █ ▄ ███ ███ █ █▀▄▀█ ▄███▄ █ ███ ██▀▄▀█ █▀ ▀██▀█▀█▀██████ ██▀ ▀█ █ ▄▀▄▀▄███ ██ █ █ █ █▄█ ██ ██ █ █ █ ██ ██ ███ █ █ █ ██ ██ █ ▀▄ ▀▄██ ▄▀ ▄▀ ▀▄ ▀█▀ ▄▀ ▀▄ ▄▀ ▀▀▄▀▀ | ▀▄ ▄▀▄ ▄▀ █▄ ▀█▄▄▀▄▄█▀ ▄█ ▀█▀███▀███▀█▀ ▄█████████████▄ █████████████████ ███████████████████ █████████████████████ █████████████████████ ▀███████████████████▀ ▀█████████████████▀ ▀███████████████▀ ▀███████████▀ ▀▀▀█▀▀▀ | | SPANISH CLUBS OFFICIAL ASIAN BETTING PARTNER | │ | ACCEPT MULTIPLE CURRENCIES | │ | . JOIN US | │ |
|
|
|
death69
|
|
May 01, 2021, 04:19:19 AM |
|
The first thing you need to know is that losing in trading is inevitable. There is no Holy Grail giving you 100% chance of winning.
A consistent trader does not care about a losing order because he knows that the market does not always follow his analysis. How can he do that? Being disciplined and follow his own rules are keys to help him trading with a cold head. In addition, money management is also an essential issue. It is obvious that you cant trade if you do not have money. If you can control these elements within your trading method, losing will simply an outcome which you have already anticipated. The final result is more important.
Trading is hard. 95% traders lose their money. And the rest have to work extremely hard to turn trading into their own advantages. The process can take years to accomplish
|
|
|
|
Bagaji
|
|
May 01, 2021, 07:11:23 AM |
|
In crypto currency trading, learning from once or other people's mistake is a great way to improve your trading knowledge. But if because of your lost and you decide not to return back to trading, it simply means you are taking trading as a way of playing gambling which is not. Many thanks for your encouragement as that will really help some people who have lost hope in trading to have a rethink and return to see where they have made a mistake.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3696
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
|
|
May 01, 2021, 07:12:40 AM |
|
Trading is hard. 95% traders lose their money. And the rest have to work extremely hard to turn trading into their own advantages. The process can take years to accomplish
The funny thing is, even after years of experiences some traders are still ignoring to learn but want easy profits. They know how hard is trading and what needs to be done here for success but they are not ready to give their best; I understand them that they will keep attempting with trading with blindfold and they believe they could hit like a gambling. When you are not ready to face nothing could help you. Running away from responsibility will never help; either you need to quit completely or you should make yourself ready to perfect trading. Developing skills is the only solution here.
|
|
|
|
mamahdedeh
Full Member
Offline
Activity: 812
Merit: 100
www.cd3d.app
|
|
May 01, 2021, 07:18:44 AM |
|
Trading is hard. 95% traders lose their money. And the rest have to work extremely hard to turn trading into their own advantages. The process can take years to accomplish
The funny thing is, even after years of experiences some traders are still ignoring to learn but want easy profits. They know how hard is trading and what needs to be done here for success but they are not ready to give their best; I understand them that they will keep attempting with trading with blindfold and they believe they could hit like a gambling. When you are not ready to face nothing could help you. Running away from responsibility will never help; either you need to quit completely or you should make yourself ready to perfect trading. Developing skills is the only solution here. it is ourselves who can help us become good traders. we know that in trading we must not be greedy, must be disciplined, create a framework, maintain psychology, etc. but until now there are still many people who just know it, as if it is difficult to do. indeed it is difficult, but not impossible, as long as we have a will for ourselves
|
|
|
|
EiKaGlaShPriSAThWEl
Member
Offline
Activity: 182
Merit: 10
|
|
May 01, 2021, 10:20:19 AM |
|
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)
I take a break after I lose in trading. Like someone you've met I become depressed. I asked myself a lot of times if I really did think about what decision I am going to make and if it was the right decision so i might not end up losing all the money i earned. I almost left this thing but somehow I find a reason to overcome myself. Now I am back again. I want to be more careful. Small profit is not bad at all. Small profit is better than losing. I know I become greedy before that is why I almost lost all that I have. I want to change myself now.
|
|
|
|
RealMalatesta
Legendary
Offline
Activity: 2366
Merit: 1137
|
|
May 01, 2021, 07:09:27 PM |
|
Running away from responsibility will never help; either you need to quit completely or you should make yourself ready to perfect trading.
But, I believe if you run away just for small break then everything will may get fine. I mean that you should not continue your trading if you're facing losses. A break will help you to think differently and more importantly will help you to get back your focus. Losses are usually frustrating one hence instead of continuing with frustration, taking a short break must be a better option. it is ourselves who can help us become good traders.
Yeah, you cannot expect all external helps/motivations to guide you all the times. After certain point, it should be self-driven. Losses and frustrations are common in trading but how we are accepting them, how we are handling them and how we are coming back from those losses is more important and will define our future.
|
|
|
|
dunfida
Legendary
Offline
Activity: 3262
Merit: 1158
|
|
May 01, 2021, 08:45:13 PM |
|
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)
I take a break after I lose in trading. Like someone you've met I become depressed. I asked myself a lot of times if I really did think about what decision I am going to make and if it was the right decision so i might not end up losing all the money i earned. I almost left this thing but somehow I find a reason to overcome myself. Now I am back again. I want to be more careful. Small profit is not bad at all. Small profit is better than losing. I know I become greedy before that is why I almost lost all that I have. I want to change myself now. You wouldnt improve yourself as a trader if you dont really know on how to accept those losses because those things are the best teacher and once you do experience some losses just because you did make some bad decisions then in next time you would really be surely aware on what are the things you've been doing.It might not give you 100% precision but once you are aware on how this market works then that would really be helpful into your trading career.Dont easily give up nor get scared when you do lose money because its always been part of this market where buy and sell do works.
|
|
|
|
doctor877
|
|
May 01, 2021, 09:27:49 PM |
|
running is not a good option because it wont help it. the first thing to find out is why the trade goes against you and then try to correct it against next time.
|
|
|
|
Sinjokubhi
Jr. Member
Offline
Activity: 187
Merit: 1
Sinjokubhi
|
|
May 02, 2021, 02:46:38 AM |
|
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)
All must have experienced a loss or loss of a certain amount of capital or even all of their capital. Both trade and investment. We must be prepared to lose with what you have traded. How we fail, may not be counted later, because we may experience failure again. Even a professional might fail too. For how much we rise and learn from the mistakes we have experienced, it all depends on ourselves, how willing we are to get up and learn from these failures. So that later you will not experience the same failure in the future. And about someone you meet. Usually the mistake lies in how we manage our assets on the coin. Sometimes we hold it for too long because we hope the price will continue to rise. This is a trait that harms a trader. Continued to expect profit, even though he had already reached the desired target, but his greed destroyed everything. Too longing for big profits and finally burnt, too ambitious to chase targets, but he was experiencing a lot of losses. Experiencing losses and losses make us eager to return our lost money. However, this will actually make us unable to think clearly, especially when there will be additional losses. If you feel that your mind is confused, stop for a moment to trade, calm down first, and if you are in prime condition, you can continue again.
|
|
|
|
Mpamaegbu
Legendary
Offline
Activity: 2870
Merit: 1233
Once a man, twice a child!
|
|
May 02, 2021, 05:56:09 AM |
|
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
How did his trading fortune disappear in one night? Was there a hack of his account or what actually happened? "How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"
Of course, that's the hallmark of a good trader. You review your trading strategy when you lose so as to find out where the issue may be from, and not scampering away and changing strategy without a review. Sometimes, it's necessary to even take some time off trading to cool off before returning to trading if you suffer a losing streak. If you want to trade, don't risk more than 5% of your portfolio on a trade,
This will be very difficult to adhere to, especially for traders who find it difficult doing the maths of it. I don't stick to that, even though I have read it on several posts to stick to that (most people who advise this are not real traders but marketers and motivational speakers). I check the entry position and then calculate the win to loss ratio. If the win ration is great, I go in and set my SL. And allow the trade roll. That's it for me. try not to make hops that can scare you (eg set up a trade late at night if you've just deposited so you won't check how it's doing while you're asleep).
Honestly, this is a bad habit and I believe those who trade on impulse will be fond of doing it. While place a trade you won't watch? Even if one places a SL, sometimes the TP can be missed by whiskers and then revert to hit SL. But if one were awake, one could easily take profit manually and save the trade.
|
|
|
|
jostorres
|
|
May 02, 2021, 06:43:23 AM |
|
running is not a good option because it wont help it. the first thing to find out is why the trade goes against you and then try to correct it against next time.
If traders are capable of learning from their experience then definitely they will never think about running away from their commitments. Only for the traders who are really ignorant about what makes them losing in trades, might be choosing running away as an option to skip all their responsibilities. If we are not ready to face the consequences then we should not get into trading at first hand. Trading is all about testing our psychological and analytical capabilities hence we should be ready to face anything. Personally after a losing trade I'm just going for root-cause analysis to find out what the things have gone in other way so that which are leading me to losses. I will try to rectify those mistakes so that I will not repeat same mistake to avoid another loss. So, I never think about running away.
|
|
|
|
javainn
|
|
May 02, 2021, 04:06:55 PM |
|
I always say stay in any position even if you fail to trade. because running will not return our profit. so my advice is to take it slowly and learn from mistakes so that we know where our mistakes are so that failure befalls us. so I thought don't run and fix the mistake
|
|
|
|
awik p
Full Member
Offline
Activity: 1526
Merit: 111
Pepemo.vip
|
|
May 03, 2021, 07:05:28 AM |
|
I always say stay in any position even if you fail to trade. because running will not return our profit. so my advice is to take it slowly and learn from mistakes so that we know where our mistakes are so that failure befalls us. so I thought don't run and fix the mistake
Trading does seem easy, but there are many things that we have to learn, there is no history of a professional trader in the first place to be successful immediately, of course they go through a complicated process. I personally also like you, study and learn to achieve success
|
|
|
|
xSkylarx
|
|
May 03, 2021, 08:48:02 AM |
|
(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)
As there is a saying in our country, take a break but never quit. I've also experienced to lose alot of money when I tried futures trading, I was really tempted to try it because of the gains I see from my friends on social media. I started with a 100$ capital and managed to make it 300$ that time. Without knowing the risks of it I was still going 50% of my capital per trade until market correction happened. It got me liquidated that time and been depressed for a couple of days thinking about how to recover it. By realizing my mistakes during those times, I told myself that I should not rush to recover it or else I will just repeat the same mistake again. I've avoided doing future trading for now and just trade on spot while applying the skill I learn from watching videos everyday on youtube.
|
|
|
|
Obito
|
|
May 03, 2021, 09:25:10 AM |
|
I always say stay in any position even if you fail to trade. because running will not return our profit. so my advice is to take it slowly and learn from mistakes so that we know where our mistakes are so that failure befalls us. so I thought don't run and fix the mistake
You still have to know when to give up because sometimes quitting is the rational and healthy way to do. Don't just do trading because there are more ways to make money besides that and if you are looking for a big profit, you won't find it in there because it is impossible to predict where the market is landing every second.
|
|
|
|
noorman0
|
|
May 03, 2021, 11:53:34 AM |
|
I have been in trading for 3 years and several times I suffered losses leaving only 20-30% of my total capital. The problem is I can't control myself when the market suddenly fluctuates rapidly and ignores the previous strategy to become a scalper especially trying to trade on newly registered coins.
Experience should be used as a lesson to improve strategies and the ability to control emotions. You don't have to run from failure, but don't be too obsessed with returning your losses in a short time, there is no such process.
|
This space for rent. Available in mid January 2024 - PM me
|
|
|
Gheka
|
|
May 03, 2021, 06:03:18 PM |
|
running is not a good option because it wont help it. the first thing to find out is why the trade goes against you and then try to correct it against next time.
Well, if running can reverse and manipulate success and failure in trading, I am sure many people will try to run continuously every day here but really in vain, the cash loss is not reversed when we are using the wrong method. The right method must be to keep running in failure, more failures will know the correct stand-up point and avoid subsequent failures, the disappearing cash flow will begin to recover in such a way but on the contrary, the disappearance of the cash flow can become permanent through the time we flee from failure
|
|
|
|
sana54210
Legendary
Offline
Activity: 3332
Merit: 1128
|
|
May 03, 2021, 06:16:00 PM |
|
Experience should be used as a lesson to improve strategies and the ability to control emotions. You don't have to run from failure, but don't be too obsessed with returning your losses in a short time, there is no such process.
When traders are making use of their own experience as practical lesson then they can slowly become professional traders and when they are trading like professionals then there will be no possibilities for them to get afraid of failures hence there will be no need of running away after losses. The only required thing here is, traders must learn out of their mistakes; but most traders will simply move on after committing a mistake which enables them to keep on repeating the same mistake again and again. So, until we are making use of our own mistakes, we cannot trade like pro traders and may need to run away after experiencing each failed trade.
|
|
|
|
|