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

[Smartvirus]

Before I say anything, let me put something straight first. There is a difference between taking occasional breaks and actually running away or being scared away by the market. One is more about you taking a step back, it could be days, weeks, months and so, to look back at your steps, trace your mistakes, build a strategy and maybe gather funds before coming back to trade. While, the other which is,

Being scared away by the market or running off after some huge loses, this is actually the one that tells you, you've failed. Your never a failure until you quite on a thing then,  it becomes a proven fact that, its actually above you.

Then a questions comes to mind and that is, 'How then do you say a thing is not yours?"
Because, its in trying that you can actually answer that question but then, how do you not get termed a failure after you make this discovery...?

[2double0]

It is our mistake that we commit while trading, then why should we blame crypto for those mistakes? (This is for that guy who advocates against crypto now).

Going behind every loss is not good, but a few losses which were highly unexpected should be looked for, and the reasons must be written down so that the trader does not repeat it again in future.

[Xhong54]

My experience from the forex market which can be applied here is that if you happen to lose in a trade, reconsider your decision as to why you opened the trade. Check why it could have go e against you,take a glass of juice and start all over again

[dotcoin.info]

This often happens when people are placing too much hope and overestimating their risks. I myself got into similar states when I lost 80% of the deposit on stupid mistakes, it was killing me.
The most offensive thing is that such things are done on emotions, in a swagger, not according to the plan, but if I went according to the plan I developed, everything would be fine. In part, all of this is related to risk assessment.

[SirLancelot]

First of all, I will like to point out that some of those people you see that are like that have no single interest in cryptocurrency. They just saw or heard someone make huge profit from trading cryptocurrency and got rich, so they just hop on it expecting to become the world’s next richest man overnight.

So, a lot of them deserve what they get. They don’t even ask questions for people to teach them how it works or even seek for advise for the right they should trade, rather the just hop on it and start trading with all their money all at once and they lose it. How can you lose all your money in trading if not that you’re trading all at once? But you’re being advised to trade with 5% and some people even trade with less than that.

[milewilda]

This often happens when people are placing too much hope and overestimating their risks. I myself got into similar states when I lost 80% of the deposit on stupid mistakes, it was killing me.
The most offensive thing is that such things are done on emotions, in a swagger, not according to the plan, but if I went according to the plan I developed, everything would be fine. In part, all of this is related to risk assessment.

And that all would be gained through experience because this is the only thing you do need because you cant get all things in one go on first try or being just new and committing mistakes is just normal and this is why
when you do gain experience you would really able to lessen those risk and trying to sustain yourself in the market for too long.Fear and anxiety would be part and just like been others saying that those mistakes are
stepping stones on your progress as a trader, you wouldnt become any better if you dont learn from your mistakes but instead you do turn back and never came back.
If you do pursue as a crypto trader and really target or does have a goal on making profits then you should accept these kind of possible scenarios.

[BuNga_cute]

~

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.

Some people like to estimate that a few failures are the general and irreversible outcome of trading while it is a fact that trading will be such a series of failures then form the wins and sum up the year end, which will be the profit, and just looking at a process with many parts is quite complicated, short time will not be successful and they need to be patient. However, patience becomes a weakness for too many people, they need to take the last steps of profit but they don't know what the market is asking them to do, running away in the middle of the road after coming back will also start from that point

A matter of mindset of each person because few fails or mistakes wont really be that a solid reason for you to quit up directly just because you do lost money.Its part of the process and if you do

have that kind of mindset nor emotional instability then you would really be ending up on quitting directly or simply run out just to avoid the things you are currently engaging.
Patience is really a main thing needed on these kind of situation, you cant make out perfect trades and end up on profiting in the end of the day.

Always mind off on the risk involved and the probabilities of failure and minding on how to overcome those situations.

People who experience a few failures and lose small amounts are not a strong reason for people to stop trading. But if the failure is experienced
resulting in losing large amounts of money, maybe this is what makes people start thinking about quitting. Therefore we must have a mindset
that loss or failure is a process that must be passed to become a successful trader. Another thing we must have when trading as I have said
before is patience, sometimes the process of failure that we have to go through is quite long. Therefore, without patience, people will easily
despair and will run away if they experience a loss.

[LimLims]

It’s really very rare that i have often failed in trading.
Or in a different OP how you are defining “Fail” in trading?
When i buy coins and it doesn’t give enough profit, then i wait for it to grow or if no stronger hint of growing, then i sell it.
Then I realise the mistakes i done, how i became greed to choose that particular coin.
Next time from my realisation, I figured out when choosing the next coin i will do proper research and buy the coin.

[zanezane]

Why would you run though? If you didn't fail or lose big money in trading and you still have money to start over, there is always hope for recovery when you are trading. If you were to run away because you failed then trading isn't for you because at the beginning, trading is going to be full of losses although it will be mitigated depending on how knowledgeable you are in trading and if you have some experience before doing actual trading.

[Fivestar4everMVP]

Well, one thing we must all try to understand is that trading is not for everyone, some people see trading as a business, others see it as fun thing to do when they are not busy with other important stuffs, those who see trading as fun thing should only play with an amount they can afford to comfortably lose to avoid depression and anger when they eventually lose it, while those who see it from a business standpoint should self search themselves and know if trading is for them, if they can actually handle all the anxiety and stress that comes with trading, if they can, it's wise for them to take out time to learn the art of trading, invest very little amount of money at a time, and invest alot of time in learning the art of trading, get to a professional level before investing huge sums of money.
Following this strategy will help one live longer and a happier life with low stress and anxiety.

[NicNacCoin]

As a Binance exchange trader, when I trapped into losses then I control myself with several experienced which already gained before trading lost. But always considered that every successful business has profits and lost two sides....

[AakZaki]

My experience from the forex market which can be applied here is that if you happen to lose in a trade, reconsider your decision as to why you opened the trade. Check why it could have go e against you,take a glass of juice and start all over again

there is nothing wrong when you have to start all over again because of your mistakes in the past. But before you do something you've never done, learning it is very important. If you fail at Forex you have to learn how to make a profit and reduce the risk. I prefer spot trading in crypto because the risk is less than having to trade both ways and will lose everything if I don't understand what to do. All types of trading must be studied in order to overcome the risks that will occur.

[jossiel]

As a Binance exchange trader, when I trapped into losses then I control myself with several experienced which already gained before trading lost. But always considered that every successful business has profits and lost two sides....

It is a good thinking that you are controlling yourself. You stop loss and whenever you fail more than and didn't able to stop loss, you're just going to think that you can get those losses back with your next trade.

As for that consideration that there's always the two side of winning and losing in trading, when you lose, the acceptance and learning experience matters and helps a lot.

[andriarto]

As a Binance exchange trader, when I trapped into losses then I control myself with several experienced which already gained before trading lost. But always considered that every successful business has profits and lost two sides....

It is a good thinking that you are controlling yourself. You stop loss and whenever you fail more than and didn't able to stop loss, you're just going to think that you can get those losses back with your next trade.

As for that consideration that there's always the two side of winning and losing in trading, when you lose, the acceptance and learning experience matters and helps a lot.

every trader must have experienced defeat, or wrong in analyzing, but every trader can calculate the risk of loss in every transaction, therefore by making trading simple, then we will not run after we experience defeat. but there are also traders who let go of their mistakes until their capital runs out, but for me gambling is not trading

[Prettyjing34]

A failed transaction doesn't make much sense. When you enter the field of cryptocurrency investment, you should exercise your tolerance, because there are profits and risks, but the reality is that many people will be very frustrated after failure. Without fighting spirit, you may have to leave the field of cryptocurrency, and everyone's courage is different. If some people fail, they may start over, face their mistakes, and find reasons to do better.

[jossiel]

As a Binance exchange trader, when I trapped into losses then I control myself with several experienced which already gained before trading lost. But always considered that every successful business has profits and lost two sides....

It is a good thinking that you are controlling yourself. You stop loss and whenever you fail more than and didn't able to stop loss, you're just going to think that you can get those losses back with your next trade.

As for that consideration that there's always the two side of winning and losing in trading, when you lose, the acceptance and learning experience matters and helps a lot.

every trader must have experienced defeat, or wrong in analyzing, but every trader can calculate the risk of loss in every transaction, therefore by making trading simple, then we will not run after we experience defeat. but there are also traders who let go of their mistakes until their capital runs out, but for me gambling is not trading

Yes, that's for sure.

We all started from being a newbie and then with such experiences gained, we're learning from those experiences including the mistakes.

And those mistakes helps us to grow more in trading and how to handle such situations specially the harder ones with our trades and being pressured.

[BitTraderCute]

give up or running from fact when we face loose in market should not make us as good traders or investors. this is be first step for us to pass how cruel cryptocurrency market. everyone could face lose but not everyone could manage it. this is the important thing to make us survive and success in crypto market.

[Raflesia]

My experience from the forex market which can be applied here is that if you happen to lose in a trade, reconsider your decision as to why you opened the trade. Check why it could have go e against you,take a glass of juice and start all over again

there is nothing wrong when you have to start all over again because of your mistakes in the past. But before you do something you've never done, learning it is very important. If you fail at Forex you have to learn how to make a profit and reduce the risk. I prefer spot trading in crypto because the risk is less than having to trade both ways and will lose everything if I don't understand what to do. All types of trading must be studied in order to overcome the risks that will occur.

Forex trading is very risky I can't imagine the funds will lose in an instant so how to recover them if they run out? so since then I stayed away from forex because I couldn't return what I bet.

For me, spot trading is a safe way so that all funds do not disappear even though it is equally risky but I am not afraid to lose it all because I know spot is a long trade with low risk, to learn for me it is the same as long as there is strong experience this field but I now always distinguish between forex and spot trading.

[dotcoin.info]

Previously, I had moments when I lost money in things that I didn’t understand, for example, such as trading.
I am very grateful to such realizations, because after that I stopped engaging in activities that I did not understand well, because the risks were incommensurable. Now I'm not running away because losing is part of the game.

[Mahanton]

Previously, I had moments when I lost money in things that I didn’t understand, for example, such as trading.
I am very grateful to such realizations, because after that I stopped engaging in activities that I did not understand well, because the risks were incommensurable. Now I'm not running away because losing is part of the game.

You should really realize or anticipate that losses are normal but since you are dealing with investment then you should try your best on minimizing the risk as small as possible.
When you do anticipate that much that you can make money and when losses do hits or strikes you then that would end up on frustration and stress and thats the time
you  would really be having those kind of feelings on where you are down and afraid to deal with the market again but honestly, self realizations from your mistakes
which makes you a better or improved person because you wont really improved out if you do let yourself shackled with your mistakes and afraid to face it off.