How many consecutive looses can you handle in trading?

[checkmatesir]

When I lose my money in the same strategy from 2 to 3 time then i start to thinking about my new trading strategy and want to change it as soon as possible for begin trading. Because trading can be beneficial in all aspects if someone knows how to trade in a way that there will be more loss.

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[ultrloa]

-snip- So, if you want to be successful in trading, analyze everything first and make sure you have proper knowledge about it and you do a lot of research before entering this kind of platform.

analysis is very important. use technical analysis and also Fundamentals must be considered. Technical Analysis and Fundamental both have a relationship about crypto prices that will move.
not just analysis, capital management and initial strategy must also be determined. do not trade without knowing the direction and without a goal. All should really be considered. consecutive losses because they do not care about the aspects that must be done before starting and when the trade is made.

Consecutive losses will not occur if we do careful planning before trading. Most people think trading is too easy, they think it's just buying coins
at low prices and selling them when prices go up. Even though trading is very complicated, there are many factors that we must prepare for.
So as not to make the wrong decision and make us suffer losses. As you have explained many things that must be prepared before deciding
to trade, we must have good analytical skills, and can also use well-planned strategies. So don't trade without any preparation, it will only
waste our money.

Consecutive losses does only happen when we are just still noob which is understandable but once you do already be having that experience and skills then those losses would really be minimized.
Its not we do really totally get rid of it but at least we do know that we can really lessen the chance for it to occur via making good trading decisions.It might not be an assurance but at least you do
able to hit up on your goal or still on the profitable side.Losses would be always there and wont go because there's no such thing about perfect trader or investor.
As you do gain experience then you would really be gaining some edge.

This losses sucks but it still happen to experience traders especially when we buy multiple altcoin on exchanges and if I see my portfolio going down at the moment I take a rest for several hours to let the bad vibes hit but if the said thing still happen then quitting for a day and comeback tomorrow for another round is what I do since its so hard to deal with your unlucky day since we might encounter heavy losses since we know the feeling of chasing up our losses and particularly this occur  most of the times on unlucky days.

[RokokGudangGaram]

Around 3-4 that's when I started my new strategy and looking if it was effective but most of my trades where only based from supports and resistance and to trend channel. I think i earned good profit with just that and for I think I should start studying using other indicators I think that could be helpful at some point.

Still I need to test it in actual trade before I could see if it was effective or not.

[dimonstration]

When I lose my money in the same strategy from 2 to 3 time then i start to thinking about my new trading strategy and want to change it as soon as possible for begin trading. Because trading can be beneficial in all aspects if someone knows how to trade in a way that there will be more loss.

When we keep losing we mist find a better strategy to win. When 2 consecutive days that I lose and seems the market isnt that amd I was confident that I trade well but produce bad results, I find new ways amor new coin to sell. It will depend on what coin we have and how knowledgeable we are in trading to fully earn from it.

[SquallLeonhart]

analysis is very important. use technical analysis and also Fundamentals must be considered. Technical Analysis and Fundamental both have a relationship about crypto prices that will move.
not just analysis, capital management and initial strategy must also be determined. do not trade without knowing the direction and without a goal. All should really be considered. consecutive losses because they do not care about the aspects that must be done before starting and when the trade is made.

You made a good point although a little irrelevant to the actual topic. I think as long as you are doing the fundamentals correctly, you shouldn't be too worried about losses.

There are sports teams that lose a lot of matches in a row but that doesn't mean they should stop competing because results don't always reflect the preparation and efforts being put behind.

If you are trading with the right fundamentals and not making any mistakes, you should just disregard the losses and continue working hard on the strategy you have picked for yourself.

That's the thing, if you know what you are doing, you will not have too many losses in a row neither. I am not saying that losses will be zero, of course there will be losses even if you have been trading since first day of bitcoin, even if you were a few decade experienced trader in stock markets, in trading world there are always losses and there will always be losses.

However difference is that if you are a veteran and you know what you are doing, then you will not face with too many losses in a row and the question is consecutive losses, which means that analysis will prevent you from having those type of consecutive losses. Could it still happen? Sure why not, but it will definitely be something that is a bit more rare and that is why learning and studying is the first thing you should do before you start becoming a professional trader.

[Pamadar]

When I lose my money in the same strategy from 2 to 3 time then i start to thinking about my new trading strategy and want to change it as soon as possible for begin trading. Because trading can be beneficial in all aspects if someone knows how to trade in a way that there will be more loss.

When we keep losing we mist find a better strategy to win. When 2 consecutive days that I lose and seems the market isnt that amd I was confident that I trade well but produce bad results, I find new ways amor new coin to sell. It will depend on what coin we have and how knowledgeable we are in trading to fully earn from it.

If I have losing streak, I park for a while and see if how good the project I was holding.

If I still see good potential, I'll keep it and hold for more but use spare money to allocate for my new asset, sorting the
Market and try to find more possible project that may bring some decent amount of profits. Trading crypto is not an
easy task, but if you find the right attitude towards this business, you'll enjoy whatever the outcomes turned on you.

[bandungan]

I even experienced 5 consecutive losses in trading. I am disappointed with it and I think it needs improvement in trading which is good for me because the strategy I use does not always work well. I finally found my mistake and at number 6 I was able to get up a little after 5 losses. it was my biggest loss and i can handle till now

[Pasa32]

I'm a person who changes his trading strategy after every single loss. And i hope their will be more like me, because i don't want to get more losses, so when i get a loss in some coin then absolutely changes my whole scenario of trading and applying some new strategies, which helps me to get some benefits.

[South Park]

While trading is very hard one of the easiest ways to know if you have what it actually takes to become good at it is to paper trade, if people took the time to set up a strategy and then paper trade that strategy for at least 100 trades and they were to see what were their results then they could easily see if they can become good traders or not, after all if you cannot succeed under those circumstances which are the most favorable then you should not try to become a trader at all.

right, by trying 100 trades we can analyze ourselves, so what will happen and how much profit we get or how much we lose, in the end we can draw conclusions. I think we will continue to see developments, if there is no development in trading, then we have to think of something else that is more profitable

The problem is that the majority of the people do not want to do this because this is simply too much work, we must understand that the majority of the people that come to the market with dreams of becoming rich are not going to make 100 trades, if they make even half of that before they go bankrupt I will be surprised, and yet by doing those 100 paper trades they could realize mistakes they have made about their strategy and their assumptions about the market without losing a single cent, but since this does not carry the possibility of earning money they cannot bother themselves to even try.

[Hobo66]

If a person start trading and all the time he lose his money then it will be difficult for him to recover his capital. Although the amount of money he hs choose is small but losing for several time may be cause the shortage of money and unfortunately he will take loan to start trading again otherwise to pause trading at that time is good option as no one has the ability to bear continuous loss.

[milewilda]

If a person start trading and all the time he lose his money then it will be difficult for him to recover his capital. Although the amount of money he hs choose is small but losing for several time may be cause the shortage of money and unfortunately he will take loan to start trading again otherwise to pause trading at that time is good option as no one has the ability to bear continuous loss.

Actually a very situational kind of thing because not all would really be in similar in terms of capital or the amount that they are pouring into trading which means whenever they do experience deep lose
then its neither they would take a loan to continue or would make out some pause and trying to learn things up again via doing some demo trades and trying to find out on where they did get wrong.
Speaking on my own situation on how long i could tolerate on losses then when the time that i dont have money to spent up or capital one and making out some long breaks
and trying to calm off myself. Dont ever tend to chase your losses yet this would make situations even more worst.

[TheEconomists]

Like maybe when you are down with 45% of your trading capital. At this point you know that your trading strategy is not working and you have a rethink as to whether you should continue trading or look for fund manager who will manage your capital for you.

[livingfree]

If a person start trading and all the time he lose his money then it will be difficult for him to recover his capital. Although the amount of money he hs choose is small but losing for several time may be cause the shortage of money and unfortunately he will take loan to start trading again otherwise to pause trading at that time is good option as no one has the ability to bear continuous loss.

Someone who takes a loan out of trading is out of his mind.

He losses and then will take a loan as an option? He's just adding another problem of his that won't solve his problem. What's next after the loan? He'll have faith that he's got the best trading skill and will avoid losing?

[Fatunad]

If a person start trading and all the time he lose his money then it will be difficult for him to recover his capital. Although the amount of money he hs choose is small but losing for several time may be cause the shortage of money and unfortunately he will take loan to start trading again otherwise to pause trading at that time is good option as no one has the ability to bear continuous loss.

Someone who takes a loan out of trading is out of his mind.

He losses and then will take a loan as an option? He's just adding another problem of his that won't solve his problem. What's next after the loan? He'll have faith that he's got the best trading skill and will avoid losing?

Avoid loan as much as you can because this would worsen up the situation so better not to consider this option because you would really be fucked up if ever you would lost again.
Handling losses will depend on someones experience because if hes enough experienced he wouldnt really mind that much or get stressed out but to move on and find
another way on making things looks right on next  trades.You do need to sustain and need to survive no matter what because this is how this market works.

[lienfaye]

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

Using the same strategy twice is enough to say if that particular strategy is effective to gain.

If its not working anymore then its time to think of another strategy that can be effective. We dont need to stick in just one, we must have a plan B just incase.

Hence its better to have a plan rather than using a random strategy because its risky. Trading needs knowledge in order to do the right thing and to avoid losses as much as possible.

[qory]

It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

Usually 3 in a row I stop that certain strategy and change it. Sometimes a certain strategy will not work even it is fit to the current situation, why? Because the market is volatile there are some instances that the market didn't go along with your prediction and will happen the unexpected. Good luck to your trades there's a lot of effective strategy out there that works on bearish and bullish market.

[bct-user]

Using the same strategy twice is enough to say if that particular strategy is effective to gain.

It depends on individual perception. For me, stopping a certain strategy after using it twice is too early. I will use it 4 times to know whether it is effective or not. There are many factors to trigger a certain strategy not working properly, including a sudden change in market trend. We cannot ignore that an extreme change in the market probably makes a certain strategy be failed.

[Peanutswar]

In my trading plan I always set myself on having 3 losses this is my rule to myself after that I will need to take some rest and take a deep understanding, analyzation and calculations with my previous trade it's not good to make a decision when you are mad or too much happy because of the profit always stick to the trading plan we don't want to lose most of our assets because of having a wrong decision. Remember the trading plan is a must.

[jaberwock]

It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

I think two times is enough for me. Can’t continue to lose the third and fourth time like some people said they would do. Nah, once I even lose the first time, I start looking for another solution, and see to it whether there is anything I have done wrong this time around and the second time is for me to confirm that I haven’t done anything different from the way that I have been doing things right from time, and it will be a confirmation for me that I have to try something else. So when it happens the second time, consecutively, I quickly change the strategy and look for another way to go for it.

[Lanatsa]

It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.

An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;

HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?

I think two times is enough for me. Can’t continue to lose the third and fourth time like some people said they would do. Nah, once I even lose the first time, I start looking for another solution, and see to it whether there is anything I have done wrong this time around and the second time is for me to confirm that I haven’t done anything different from the way that I have been doing things right from time, and it will be a confirmation for me that I have to try something else. So when it happens the second time, consecutively, I quickly change the strategy and look for another way to go for it.

How you would consider a loss in trading?

Is this something talks about overall losses in capital or losses on each order you do make? There are specific situations on which you do consider a lost.

We do each have those tolerance in all sorts of things.Some might able to hold for longer and some are really that impatient on stopping once they had reached out their limit of patience.

Trading losses cant really be avoided but somewhat can be lessen by means of someone's experience.