sherenikaw
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rocket.hashbon.com
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December 22, 2021, 10:25:10 PM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a trader should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
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HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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livingfree
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December 22, 2021, 10:58:15 PM |
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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. A bad idea and move. I'm avoiding it as much as I can and if I don't have the budget then I just stop and won't trade at all. I can wait until I've got funds to trade again. That's what it has to be done when you're trading and you're planning to take a loan.
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Botnake
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December 23, 2021, 07:38:03 AM |
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I don't usually trade shorts. However, if any asset increases as per my expectation , I try to give it up. There are many times when there is a loss, but I try to keep the loss for the long tram and the loss handle basically depends on your balance and how much you are trading. Since it is a volatile market, I take loss as a part of trading.
Losses are definitely part of trading. However, if you see yourself keeping in losses like three times or more, i think that should call your attention. Although losses are inevitable, but lossing consistently means there is something wrong with how you trade, or your own trading strategy specifically. In this case, if you see yourself willing to learn more so you can do better, then change your strategy. But if you still end up losing your money again, i guess staying out from crypto trading will be better for you.
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Kasabus
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December 23, 2021, 08:37:00 AM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a tradter should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
But even how good a strategy is, it will reach a certain time that its no longer effective so you have to level up your srategy or even build a new one that you think will definitely work and suit on you. And also, keep updated on the market trends and sentiments so you will know when is the best time to trade or not. As long as you don't lose most often like three times or more often than that, then your strategy is still worth using.
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carlisle1
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December 23, 2021, 08:48:34 AM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a tradter should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
But even how good a strategy is, it will reach a certain time that its no longer effective so you have to level up your srategy or even build a new one that you think will definitely work and suit on you. And also, keep updated on the market trends and sentiments so you will know when is the best time to trade or not. As long as you don't lose most often like three times or more often than that, then your strategy is still worth using. There's no certain wit moving market. What you think is good for today might not work tomorrow, trading is something that you need to keep enhancing your knowledge. never ending levelling up of your knowledge to continue competing with this growing market, those who can handle losses the right way are the one who also manage to bounce back and recover, while to those who can't they are just leaving this business with regrets and frustrations. Assess and observe, only step inside when you figure things the right way..
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Vaculin
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December 23, 2021, 11:10:18 PM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a tradter should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
But even how good a strategy is, it will reach a certain time that its no longer effective so you have to level up your srategy or even build a new one that you think will definitely work and suit on you. And also, keep updated on the market trends and sentiments so you will know when is the best time to trade or not. As long as you don't lose most often like three times or more often than that, then your strategy is still worth using. There's no certain wit moving market. What you think is good for today might not work tomorrow, trading is something that you need to keep enhancing your knowledge. never ending levelling up of your knowledge to continue competing with this growing market, those who can handle losses the right way are the one who also manage to bounce back and recover, while to those who can't they are just leaving this business with regrets and frustrations. Assess and observe, only step inside when you figure things the right way.. Right. Learning trading does not need to stop even if you think you already know much, instead it will always be a learning process that will keep on growing everyday. This helps to avoid losses more often because if you always level up your trading strategy, it will always work on you and will bring you more profits. However, if you experience losses more often, better work on it and change your strategy if possible. But if you still keep on losing, i think you should take a break from trading and refresh your mind.
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freedomgo
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Fully Regulated Crypto Casino
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December 23, 2021, 11:21:02 PM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a tradter should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
But even how good a strategy is, it will reach a certain time that its no longer effective so you have to level up your srategy or even build a new one that you think will definitely work and suit on you. And also, keep updated on the market trends and sentiments so you will know when is the best time to trade or not. As long as you don't lose most often like three times or more often than that, then your strategy is still worth using. You are right. There is no stopping from learning in trading and level up your strategy because trading alone always depend much based on the current events and trends. And when the market becomes more unstable, it will be hard to trade and end up successfully. And it will help you from comitting losses if you have other backed up strategies that will still work on you when one strategy is already failing. I guess having losses more than three or four times is already unacceptable.
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Mahanton
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December 24, 2021, 12:10:33 AM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a tradter should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
But even how good a strategy is, it will reach a certain time that its no longer effective so you have to level up your srategy or even build a new one that you think will definitely work and suit on you. And also, keep updated on the market trends and sentiments so you will know when is the best time to trade or not. As long as you don't lose most often like three times or more often than that, then your strategy is still worth using. You are right. There is no stopping from learning in trading and level up your strategy because trading alone always depend much based on the current events and trends. And when the market becomes more unstable, it will be hard to trade and end up successfully. And it will help you from comitting losses if you have other backed up strategies that will still work on you when one strategy is already failing. I guess having losses more than three or four times is already unacceptable. Learning would really be a limitless thing and as a trader then you should accept that fate whenever you do step your foot into this market because this isnt something simply that you could deal with. Losses is always there but what important the most is that you do know on how to handle up yourself when it comes to these situations. Try to sustain yourself which is the most important thing and dont mind about losses but try to minimize as less as possible.
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Mpamaegbu
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Once a man, twice a child!
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December 24, 2021, 08:30:32 AM |
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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.
Most trading strategies do fail during choppy market but succeed during trend (whether bear or bull). Once a trader identifies a trend, the least sensible thing to do would be to ride on it because doing otherwise will be financially suicidal. However, once any strategy begins to make a trader lose money, the best thing would be to take a break away from it in order to reevaluate it. It's not to completely abandon the strategy, anyway. Well, as for the number of consecutive losses; five will be the alarming figure to make me take a pause.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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AakZaki
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zknodes.org
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December 24, 2021, 05:52:40 PM |
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for me it won't take long maybe I will come back in 1-2 days because I think losses are normal in trading and indeed if successive losses continue for several days maybe I try to control my emotions in other things that I like without me having to stop to continue trading. I think when the strategy that we have used gets a profit and then one day there is a loss in a row it is not the strategy that is wrong but self-control that we are unable to control to cause losses and usually happens when we are in greed, I have experienced this but I able to handle those emotions in other things that I like.
If you are able to control it you probably already have a lot of trading experience. It's not easy to manage emotions well when a trading strategy doesn't work. the most important thing is also to do capital management, loss management so that it will not drag on in losses. If you can return the situation as before in 1-2 days of course it requires sufficient knowledge to perform technical and fundamental analysis. Losses will inevitably occur, but we must also minimize them and maximize profits.
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tygeade
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December 24, 2021, 07:23:47 PM |
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as for the number of consecutive losses; five will be the alarming figure to make me take a pause.
Five? That must be a dangerous approach as it may risk most of your capital. If you set stoploss at 5% then for five losing trades you may lose more than 30% (not just 25%) which must be a high risk one in my experiences. I know people who are setting different stoploss levels for different trades still waiting until five trades is not looking as a good approach to me. Maximum two consecutive losing trades should be a limit if you really do not want to top up your capital more frequently. Just imagine if you make 4 consecutive losing trade and then making one profitful trade and then facing 5 more losing trade; do you think you will still have remaining capital for next day trading?
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Finestream
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December 24, 2021, 08:33:39 PM |
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as for the number of consecutive losses; five will be the alarming figure to make me take a pause.
Five? That must be a dangerous approach as it may risk most of your capital. If you set stoploss at 5% then for five losing trades you may lose more than 30% (not just 25%) which must be a high risk one in my experiences. I know people who are setting different stoploss levels for different trades still waiting until five trades is not looking as a good approach to me. Maximum two consecutive losing trades should be a limit if you really do not want to top up your capital more frequently. Just imagine if you make 4 consecutive losing trade and then making one profitful trade and then facing 5 more losing trade; do you think you will still have remaining capital for next day trading? I think 4-5 consecutive losses will already be unacceptable if you are a trader. Even 2-3 losses are alarming already and you should be thinking already to take a break or to quit from trading for good. But before that, try another strategy first which you think will fit for you. If it works, then use it. If not, then maybe there's something wrong with you and not with your strategy. Take a break first while gaining more knowledge in trading.
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Sihab76
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December 24, 2021, 11:35:19 PM |
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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?
Trading is a risk management that you may be able to control easily but before that you need to be knowledgeable enough and have previous experience. Without experience you can never expect anything better from trading.
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Mpamaegbu
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Once a man, twice a child!
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December 25, 2021, 06:57:23 AM |
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as for the number of consecutive losses; five will be the alarming figure to make me take a pause.
Five? That must be a dangerous approach as it may risk most of your capital. I think 4-5 consecutive losses will already be unacceptable if you are a trader. Even 2-3 losses are alarming already and you should be ...
Yes, five! The first thing every trader should do is take care of MM (Money Management) and their emotion. We all have different temperaments and that seem to show while trading. Trading is more of practical reality than paper work. A profitable trader is supposed to be stoic and stick to their trading plans and not jump from pillar to post in confusion at every little shake in the market. You don't have to start panicking when you lose two mere trades if your MM is right. As a profitable trader, you don't have to win all trades to be profitable. Traders who panic at every little thing are those who've their MM messed up and over trade. Losing on a second count and then you start panicking means you expect to win all trades. Nah! That mindset is what makes a lot of traders panic trade. Always make room for losses as a trader. Whether you do that or not, losses will come. The market is no respecter of anyone.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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blockman
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December 25, 2021, 12:01:02 PM |
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A good strategy in trading will help us avoid losses. Don't forget to upgrade your strategy so you can follow the market movements. a trader should be able to determine for himself what to do whether it's a strategy or a moment to be able to avoid losses. for people who are still beginners, it would be better if you use a small capital first while learning to understand the market.
Upgrading starts from having those great experiences with your trades. Win or lose, you're going to have an additional learning and that will make you upgrade from your strategies. The upgrade shall start from avoiding the same mistake that you've committed and you'll correct that. do not be careless and in a hurry in trading because most people fail in trading because they are too hasty and not careful. do the best in trading as best we can and avoid the losses.
Those who are rushing, they're likely the ones to chase their losses and prone to adding more losses. It's a good suggestion that you've given not to rush always be wary of being careless so you won't do that.
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teosanru
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December 25, 2021, 12:08:32 PM |
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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 don't think it this way atleast for my trading strategy, number of losing trades, i generally look for a mental break from the trading, I mean if I consecutively having 3 losing trades, I will stop trading because I know I am carrying the emotional baggage of those 3 losing trades with me,a I take a long enough break to remove that baggage before I jump back in again. For checking the effectiveness of my trading strategy I generally look at a longer term scenario like how much is the winning %age in last 50 trades or 100 trades or last market phase. This is how I decide whether it's time to change the trading strategy.
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palle11
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December 25, 2021, 12:57:36 PM |
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No amount precisely, it depends on your capital and how much you are risking. Sometimes the market can be funny to battle you out of the right spot you have seen for profit, it hits your stoploss but that doesn't mean you should give up but to understand that it is the market strategy to chase after traders stoploss first before giving you your winning. So for me I might try a particular trade three times if I believe in it and most times I can win back part of my losses on that market at the end of the third try 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.
I notice that the December season is a hard season to market profit. This is because the market is unstable and not consistent. So looking for a better strategy to beat this season is better or to avoid it
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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December 27, 2021, 02:57:15 PM |
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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.
I think the same, I also have a limit of 3 trades, if I do not win the first trade, I must win the second to recover and exit with profit and if I lose all 3 it is because I am not seeing the trade or the market with the correct sense and it helps me to reflect on where the possible failures are and why I failed, in my last attempt if I do not come out with a neutral balance it is because I really do not understand a bit of what is happening in the market, it should be noted that there are times that you win by pure luck, but sometimes that kind of profit I say is luck, which is a factor that is always missing.
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iv4n
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December 28, 2021, 08:17:32 AM |
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In general, I try to avoid losses. The second stage of protection against losses is a small size of trades. No more than 3% of the total deposit.
I am doing something similar, I am avoiding losses and cutting losses, it's why I trade only with top coins... if I get trapped I just move an amount on a side, and sooner or later I get to my goal! I don't/rarely trade with unknown and unpopular coins and tokens, my trades are usually mid and long, as I said with top coins is easier to trade in my opinion... it's a bit waiting so patience is needed, but it works for me!
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palle11
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December 29, 2021, 09:17:18 PM |
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In general, I try to avoid losses. The second stage of protection against losses is a small size of trades. No more than 3% of the total deposit.
You can only try to avoid it but it must come and I think 3% of our total capital in trade risk is cool but a little high if you can reduce it. The purpose for low risk taking is because when you record loss you don't have a bad feeling on it as much you may feel if you took a higher loss. Therefore it is better to reduce the risk to reward and gradually we can increase our capital.
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