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

[panjay]

Just use lower lev or even better idea don't use it at all.

For the past years I have been trading on and off. Spot trading the easiest, in my opinion, you don't "lost" all of your money in case of liquidations.

Just focus on scalping major coins like btc/eth.

[dbc23]

Running from trading because of a lost trade is like avoiding classes because its going to rain by and by as a trader loosing trades must occur it's left for the trader to decide how much they are willing to loose in a particular trade and stay deciplined at with a proper stop loss set to help the trader in case the trade decides to go against the analysis. Trading requires consistency and dedication if not it would be difficult to gain mastery

[RILWAN]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

[South Park]

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.

It is important to know when to give up, not everyone can be a master trader and make a fortune in the markets, if a person simply does not have what is necessary to make it in the market then it is better to get out of the market while they still have most of their money, otherwise they will lose a great deal of it against the ones that actually have what is necessary to become good traders, I know this is not an easy decision to take but in most cases this is the correct decision on the long term.

[Mistafreeze]

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.

A failed transaction can also have greater effect on one's trading psychology if pure understanding of the market behavior is not put into consideration. Losing an exorbitant amount of funds is very painful and could affects one faculty if care is not taken. I could feel the pains and excruciating expressions of losing hard earn money that had been accumulated for over several periods, and now seeing it gone without any notice.

I've had similar experience before which I almost gave up in trading but later gather my shoes back with strong determination after admitting my mistakes with proper correction and aim to do better. Honestly trading is never easy, it's takes an  understandable mind and emotionaless spirit to overcome loses in trading.

[boyptc]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

[breathlessz]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

[pawanjain]

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)

The disappointment of losing a trade is a lot and it kills an individual if he loses a major chunk of his investment but at the same time we should know that a person only loses when he sells in a loss.
Losing money overnight is something that is possible in crypto but not with the potential currencies. If a person invests in scam coins and hopes to make money then that is his mistake.
Similarly, every time we lose money while trading, we tend to learn something new. The only thing we have to do is not to repeat the same mistake again.
I have also lost good amount of money in trading cryptocurrencies but I am still here and learning and still trying with whatever I have to make money trading crypto.

[ven7net]

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 know, I can’t call myself a trader, but I had little experience in cryptocurrency trading. I want to note right away that my experience in trading cryptocurrency was successful and was able to earn about two thousand dollars on trading. Let's just say I was lucky, since I myself was able to find several trading pairs that had a good difference and I was able to draw up a clear plan for when to buy and sell cryptocurrency making a profit. Of course, this was a special case and such options come across very rarely. I was lucky, since I did not use large amounts of money and did not listen to others, I analyzed the situation myself, watched the trading and only after we see the opportunity to earn money, I started trading. Those investors who lose money on trading probably did not study the trading pairs that they used or even simply listened to the advice of other "trading specialists" and simply lost money. I don't think you need to kill when you are losing money, you need to independently study the exchanges, trading pairs and the market situation before you start trading cryptocurrency, and then find the opportunity that can bring you profit. Only after that you need to start trading.

[Twinkledoe]

The disappointment of losing a trade is a lot and it kills an individual if he loses a major chunk of his investment but at the same time we should know that a person only loses when he sells in a loss.
Losing money overnight is something that is possible in crypto but not with the potential currencies. If a person invests in scam coins and hopes to make money then that is his mistake.
Similarly, every time we lose money while trading, we tend to learn something new. The only thing we have to do is not to repeat the same mistake again.
I have also lost good amount of money in trading cryptocurrencies but I am still here and learning and still trying with whatever I have to make money trading crypto.

Running away is only true if you will not hold any crypto for the rest of your life. But for most of us here, we need to face the reality of trading and learn from our mistakes. Mistakes will give us new strategies on how not to repeat them again. I don't think any trader here only has winnings in his trading, at some point we lose and that's part of it. But the difference is the degree of such loss. We can minimize if you have at least plans with your portfolio. Don't let it sit without doing any follow-up with the project.

[boyptc]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

[Oilacris]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances  and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

[boyptc]

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances  and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

[MIner1448]

I am sure that any person, if he lost his fortune overnight, spoke negatively about the world of cryptocurrency, unfortunately in this world there are those who earn and there are those who spend their money without earning a single cent. If such a fact did not exist, and in general the concept of earning in the world of cryptocurrency, but if he stumbled so much, then it is better not to enter this world back.

[Xinarae*]

In business you need to learn a lot and gain knowledge about the market don't give up the market is constantly being updated. Businesses fail due to lack of short term and long term plans for which you have to prepare yourself you should have a plan of where your business will be in the next few years or in the next few months set specific goals and try to implement them. Try to specify what to do in the plan and within how many days if the plan fails your business will suffer.

[Vaculin]

In business you need to learn a lot and gain knowledge about the market don't give up the market is constantly being updated. Businesses fail due to lack of short term and long term plans for which you have to prepare yourself you should have a plan of where your business will be in the next few years or in the next few months set specific goals and try to implement them. Try to specify what to do in the plan and within how many days if the plan fails your business will suffer.

It is a sort of commitment and you can be there on the top if you don't help yourself. Something we need to prepare that we gonna lose and to determine how strong we are and how our plans being followed. People who have been new in this field will be expected to suffer frustration but from that, we learn things that trading is not easy. While having those plans is the tool to help us to make the right decisions.

[onecall123]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

I remember seeing something similar a few days ago. A few people happy to share their trading records on the trading page. So happy to see those gains in a row. Having good judgment and patience will lead to success. You will actually be successful in trading when you are able to overcome this psychological burden. How about trading losses? In my case, I lose money wherever I invest.

[conected]

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances  and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.

[markdario112616]

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

This is why it's a BIG NO to put emotions in any type of Trading.

Purely Facts and information, should be the main source of your decision making especially if someone can't afford to lose a vast amount of money. Though, there are still people that are desperate to win big but without thinking what could be the outcome of there decision.

Emotions, heard a lot of those. They follow there gut feels and ended up empty handed, and they can't stop until they win there loses up to the point that they don't have anything to use.

But, let's not purely blame it with that. There are still times that even the experienced one miscalculated there data, and this can contribute as well to anxiety and panic attack. Worst especially for the beginners is yeah depression much worst is death.

[LUCKMCFLY]

When I was starting in the world of trading whenever I lost, I did not trade anymore, but there was always something that drove me to continue, what did not work for me was the technical analysis but it always failed me, then after so many failure plans I dedicated myself to read many books by Wyckoff, Livermore and that's where I learned to try to understand the market, from that moment I felt more confident, but most traders when they start and lose they stop trading. For now I have a lot of information to learn, the moment that we are going through worldwide is new for many, investors are living new scenarios that still do not know how to operate.