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

[k@suy]

Ask any successful trader out there,  you'd realise that every single one of them have had trades that were not successful at some point or the other.  Only imagine if they had, because of that, quit trading. They obviously won't become successful traders that they are.
One of the reasons people lose so much while trading is actually they don't take risk management so seriously.  They consider it not necessary while placing trades and that's why they lose so much. If you'd ask me, setting stop loss is one of the most important form of risk management and it's benefits cannot be overemphasised.
If there's someone who's lost money while trading, take a break and cool off to help deal with your emotional health. Learn from hour mistakes and then bounce right back in.

No trader has no story of failure, every trader has their own kind of failure story that gaves them moral lesson and most especially figured out their trading mistakes that they should noted of in case in doing their next trading.
I, myself did experienced failures too but what I have done was not totally running out due to failure but instead I am stopping for a while and getting my full mind to take rest because i felt that if I didn't stop I will definitely commit more mistakes and failure.

[JoMarrah Iarim Dan]

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 run but I took a break. Before I enter trading, I know I will feel sad if I lose in trading but the thing is I just "knew" it. I didn't realized how does it feel or how to be on the situation after losing. I am very strict when it comes to money. I follow my limits. I always budget my allowance that is why I got into depression the first time I lose my money. After all sleepless nights just to post on campaign, I earned tokens then trade it and I just lose all those efforts. I found a way to recover and that is by long term invest to bitcoin. I know I still didn't get back all of my losses but knowing that this time I've done something right, I'm relieved.

[Mauser]

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

The best idea I can give a new trader is to diversify your money across your multiple coins. If we don't put all our money into one coin than the risk of losing our money is much lower. The chances of losing across 5 different coins at once is very small. If we own multiple coins than our loss in one coin should be offset by the winnings in another. The second advice I think is good to follow is our risk management. We should clarify before buying a coin what our potential losses can be, how much we are willing to let a coin drop in value before we sell. If then put in limit orders at these level, for example 15% below our buy price than we can protect ourselves from a complete loss.

[Benefactor]

Exchanging isn't simple and not every person ought to be engaged with it. Numerous individuals are eager since they feel that cash can be produced using exchanging yet only one out of every odd body have the enthusiasm. I, when all is said and done, really like to consider my disappointments. for novices there is still a ton of information that should be realized when it falls flat, discover where the missteps in genuine exchanging are and will discover points of blunder and can be revised to be accomplishment later on

[wayaneka]

Many trader include me was make big mistake and loss alot money when the market turn in to bearish in 2018 from the long bullish season in 2016 and 2017. From that experienced, i decide when i make alot profit for current trading i will make withdrawal of profit to buy other asset that has low risk. Because in bullish season on 2017 i was put  alot of money on crypto and i can not control my greedy. So keep learn from the mistake and dont to much greedy will make us become better trader or investor who will keep make money.

[Tahsin Kabir Kollol]

It is not the right decision to run away when you lose in your trading. If you run when you fail or lose, you do not learn about the reason for your failure or loss. Those people who run when they fail or lose, do not succeed in their life and profession. When I fail in my work, I try to find out the reason for failure and try to fix it. If my strategy does not perfect for my purpose, I change it and apply a new one to overcome the loss. We should keep learning about our mistakes and try for success again and again.

[gabbie2010]

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,

Unless it was an avoidable mistake and an expensive one because that means that your prospective career as a trader is going to get cut short. You don't even have to commit mistakes to learn, there are people out there that have made the mistakes,  learn from them.

Unless you have a been trader that had undertook live trading one cannot know how to avoid trading mistakes, avoiding those mistakes need to  have exprience in trading, personally I watched my profitable trades turned loser due to my inexperience and greediness always wanting to earn more profits however I have learnt to take profits at certain level and move away having realized the high volatility in the price of cryptocurrencies can make or Mar profit.

[Gon1991]

everyone have try to trade with the big hope they can profit ,what they wish..but sometime they don't know expetation not always like they wish.
just stay calm went you fell fail..tray to teach themself with more calm,education,after all we have we need to start from small step..

[wahyu wida]

I can't just run away if I experience a loss, because the loss happened many times, I will repeat the trade looking for opportunities to buy back. Isn't it before we trade risk and reward that we have to take into account it first, so that we can predict beforehand what will happen, between profit and loss

[jostorres]

Unless you have a been trader that had undertook live trading one cannot know how to avoid trading mistakes, avoiding those mistakes need to  have exprience in trading, personally I watched my profitable trades turned loser due to my inexperience and greediness always wanting to earn more profits however I have learnt to take profits at certain level and move away having realized the high volatility in the price of cryptocurrencies can make or Mar profit.

I believe even the professional traders have bad moments trading, so it is more common than people imagine.

The difference between a professional trader and a regular retail trader is the fact that people like me who are not doing this professional would react a lot more bad because they would not be ready for something bad however there is one thing professionals do not do, even though they do get emotional, even though they feel horrible when they lose money, they are human so of course they feel bad when they lose money and some of them even lose others money, however they have to keep going and they have to get back in there so they have a mindset of feel whatever we feel, but then just keep grinding and keep focusing on getting back there, and they are professionals so most of them do get back in profit position as well. That is the biggest difference between us and professionals.

[boty]

we could recovery our loss in trade  if didn run or give up in market. its too short for our trading journey when facing lose and we leave it. lose will awalys occur in market but actually we could manage it by using money management so its not only single trade . using stop loss or other money management will help us alot and thinking loss in normal case

[Issa56]

From the little experience am having I believe when it comes to trading you always make profits and sometimes you will lose that's just normal in Cryptocurrency since when you make profit you didn't run so why will you run when you lose the only thing I believe you should try and balance is make sure your profit is more than your lost and always make sure you learn about risk management before you just start investing in Cryptocurrency and don't invest all your funds in Cryptocurrency and also you don't have to borrow or take loan to invest in any coin no matter how you trust the coin don't borrow to invest because cryptocurrency is very volatile and you can lose your money at any moment.

[Ziskinberg]

we could recovery our loss in trade  if didn run or give up in market. its too short for our trading journey when facing lose and we leave it. lose will awalys occur in market but actually we could manage it by using money management so its not only single trade . using stop loss or other money management will help us alot and thinking loss in normal case

But if you find yourself not so comfortable in trading, you need not to push yourself then. Stop chasing to recover your losses on there but instead find another way to make it. You should understand that trading isn't for everyone, if you are not destined to become a trader no matter what you do, certainly you'll never get it, even to use all the strategies seems not it works. Leaving and quitting is not cowardness, it is just we find a better place that we are about to excel, not to punish ourselves.

[N2CoinOfficial]

No I don't, Because in my opinion by loosing in crypto trading is a 1st step to achieve your crypto goals. Do the same thing until you win the crypto field.

[justdimin]

in my opinion by loosing in crypto trading is a 1st step to achieve your crypto goals. Do the same thing until you win the crypto field.

But, when you are coming back for your second attempt then you must be having different or improved strategy and plans so that you can find different results for your trading. I mean keep trying with same strategy again and again will not produce you profits but will lead to big losses for sure; moreover that will not have any big differences from gambling.

Leaving and quitting is not cowardness, it is just we find a better place that we are about to excel, not to punish ourselves.

I agree with this. Instead of keep on suffering, just looking into different opportunity definitely will help the people who are unable to develop technical skills for better trading.

[nrvasquez]

Such a mindset is terrible. I know it's tough if we lose a lot, but we have to get back to trading fundamentals. do not always chase losses in trading. if something doesn't work out the way you planned, try going out, eating good food, exercising, relaxing and trying new strategies, I'm sure everything will get better

[darewaller]

Such a mindset is terrible. I know it's tough if we lose a lot, but we have to get back to trading fundamentals. do not always chase losses in trading. if something doesn't work out the way you planned, try going out, eating good food, exercising, relaxing and trying new strategies, I'm sure everything will get better

I believe permanently giving up might be a problem but if you're looking for short-term break then that should be appreciated in my opinion. Always not chasing the loss must be a good practice in trading; when we are agreeing to this point then we cannot blame traders who are taking break after a loss.

We need to remember that different trader are having different kind of approaches and strategies which will definitely lead them to approach market differently after a loss. This is the reason some people are running away for a short break after facing frustrations in crypto markets. Nothing wrong IMO .

[Mahanton]

Such a mindset is terrible. I know it's tough if we lose a lot, but we have to get back to trading fundamentals. do not always chase losses in trading. if something doesn't work out the way you planned, try going out, eating good food, exercising, relaxing and trying new strategies, I'm sure everything will get better

Thing here is that majority of us is trying to be perfect and once we do commit out some mistakes then we do easily get discourage and after that we do suddenly stop
or quit which is really a very bad behavior indeed. If we do find such difficulties then it isnt really bad to take some pause or break on minding off on
what would be the things we should do in next trades. Dont give up and dont easily get discourage or quit when you lost as these things are part of the
learning process and all you do need to do is to lessen up the risk.

[Karish2return]

No, i never do that, whenever i failed or will in loss I tried to wait for it because patience is very important in any business. So, I like to wait for it and then it gave me much profit as I was not even thought. So, Waiting and keep patience is the only thing that will give you benefit.

[BuNga_cute]

No, i never do that, whenever i failed or will in loss I tried to wait for it because patience is very important in any business. So, I like to wait for it and then it gave me much profit as I was not even thought. So, Waiting and keep patience is the only thing that will give you benefit.

Patience is useful in many ways, as well as trading, we really have to be patient if we experience losses. Because patience will provide an opportunity
for us to compensate for the losses we experience, the crypto market is very volatile, so today we are losing. But a few days later we can get profit.
The most important thing is that when the coins we have price drop, don't panic and rush to sell them. We can be patient holding the coins until
the price goes up again, never run away when we fail.