Continuously Loosing money in Trading!!!!

[Aurorra]

Before trading, you need to have sufficient knowledge to analyze the market, research and choose the cryptocurrency to be traded and develop an appropriate trading strategy. The crypto market is constantly changing over time. It is necessary to find the reason from the failure and then update and improve the strategy to avoid long-term losses.

[martina14]

Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

That means, you need to change your strategy that you are using it for 2 years now dude, it doesn't work anymore. You need to go with flow movement that is happening in the actual trade activity of yours. Because not all the time is Christmas or you earn always. You need to be sensitive for what is happening now in the market of crypto space. I hope you get what I'm talking about anyway. 

[Sweetbtc]

i don’t know why people instead of buying more get mad and sell when it drops because they bought at higher price,
Many coins are now in dip and in ling run can go high like Eth,Hbar,Dot etc
 Ethereum is here to stay and the next biggest crypto next to Bitcoin, it has a big potencial to reach the same value .

[MrcMrc]

i don’t know why people instead of buying more get mad and sell when it drops because they bought at higher price,
Many coins are now in dip and in ling run can go high like Eth,Hbar,Dot etc
 Ethereum is here to stay and the next biggest crypto next to Bitcoin, it has a big potencial to reach the same value .

That is why it is called panic selling. Most traders and holders who do not have firm hands always rush to sell when the price dropped. Most of them always sell as lost.

[Oilacris]

i don’t know why people instead of buying more get mad and sell when it drops because they bought at higher price,
Many coins are now in dip and in ling run can go high like Eth,Hbar,Dot etc
 Ethereum is here to stay and the next biggest crypto next to Bitcoin, it has a big potencial to reach the same value .

That is why it is called panic selling. Most traders and holders who do not have firm hands always rush to sell when the price dropped. Most of them always sell as lost.

And those people are called noobs and its impossible for us to say that experienced ones would typically made out this kind of action considering that they are already aware on how this market moves or works

which volatility would really be neither could give out positive or negative impact.Losing money is normal because this situation is something that cant really be avoided.

Thing here is that you do know on how to handle up the situation and sustain yourself despite of the condition you are in.

[Levero]

The crypto market is constantly changing, and not all situations can be solved with one strategy.
If using the same strategy always results in losses, it means that this method is not suitable for the current market, and new strategies should be established through analysis of market improvements in time.

[kramchers]

Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

3 or 4 years being here in crypto trading? hmmm?? you supposed to be one of the professional traders in this industry mate.
But why it seems that you never learn with your experienced. That's actually bothering me, isn't that your only doing trade because
you are lack dependent? But I think its not, you probably just didn't adopt the true learning with your experienced especially when you
encountered loss most of the time. Try to change your strategy just simple as that. 

[sherenikaw]

Sometimes we can't avoid failure. I've also felt that even though I have done like before when I got a profit. I had surrendered to the defeat and gave up but I believe that I should not experience continuous losses. I started to start a new strategy and it turned out to be quite successful. I realize that we cannot stick to certain strategies with this volatile crypto market, we need to upgrade new strategies so that we can follow the flow of the crypto market. Besides that, players are patient and more careful in deciding something, it is better to playing in the safe zone first to minimize big losses.

[checkmatesir]

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

[NicNacCoin]

Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

[LUCKMCFLY]

I think if a particular strategy is not working again them I believe you should change it, maybe due to current market situation that's why your strategy is no more functional

True. His trading strategy doesn't work well anymore. Not sure what his trading strategy is, but if it is no longer effective then should be changed. The current market situation may be one of the reasons leading to the ineffectiveness of a particular trading strategy. I recently changes my trading strategy and my goal in trading. Now, I set lower profits and only holding 1-2 days after I bought a coin.

In my case, establishing low profits depends on the type of balance I have, if I have a low balance I think the profits have been low and the risk is very minimal, but it would be excellent to have a sufficient balance to risk a little more , I believe that profits will always be good, no matter how few profits, the important thing is that they add to the balance sheet. If there are big profits it is because obviously a great time has been left in investment or that perhaps a lot has been leveraged to increase it. Well and in the case of establishing profits, you can search as many do, which is through percentages, I have seen that many traders will only focus on making 2 or 3% daily, which is not easy but it can be done. .

[Finestream]

Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

I think that OP has been making profits though in his 3-4 years trading experience so he has really ideas on how to make his trading profitable. But it's just 2 years from now that he is frequently making losses and i think there is something wrong with his strategy being used. He should have change it before it can make him lose another huge profits. While the market keeps on changing due to uncontrolled market's situations so he should adopt with the changes that has been happening. If the strategy is not worth using already, then its a sign that he should start using another one that will create more profits rather than losses. Not just the strategy alone, but even the trader itself should also learn to adopt the changes so he can drive with the market's unpredictable changes that will happen from time to time.

[Luzin]

Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

Did something like that happen? I think if he has learned, they will know and understand risk then risk management. Looks like it won't keep repeating itself, it's the same as being unthinking not learnig.
It is true that in trading we cannot profit continuously, sometimes there are mistakes, and that is what makes us evaluate what we are doing. After evaluating, of course there will be steps to change, do it continuously, I'm sure losses will not come every trading.

[Fredomago]

I think if a particular strategy is not working again them I believe you should change it, maybe due to current market situation that's why your strategy is no more functional

True. His trading strategy doesn't work well anymore. Not sure what his trading strategy is, but if it is no longer effective then should be changed. The current market situation may be one of the reasons leading to the ineffectiveness of a particular trading strategy. I recently changes my trading strategy and my goal in trading. Now, I set lower profits and only holding 1-2 days after I bought a coin.

In my case, establishing low profits depends on the type of balance I have, if I have a low balance I think the profits have been low and the risk is very minimal, but it would be excellent to have a sufficient balance to risk a little more , I believe that profits will always be good, no matter how few profits, the important thing is that they add to the balance sheet. If there are big profits it is because obviously a great time has been left in investment or that perhaps a lot has been leveraged to increase it. Well and in the case of establishing profits, you can search as many do, which is through percentages, I have seen that many traders will only focus on making 2 or 3% daily, which is not easy but it can be done. .

Better to take this amount of profits if you are aiming for short term or on a daily basis, not easy but doable with the right pattern to follow and with a good mindset to fulfil such goals. If you are into trading, you need to focus yourself with plans that you are really capable handling every risk that you are taking, you can't move forward if you are being influenced by doubts and fears, make sure to have a concrete plans before making any hard decisions. Be adjustable in times that you need to let go and allow yourself to cope up if losses happened. It's not easy, but if you are willing, you can always earn back with the right timing and right choice of assets to invest.

[South Park]

Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

in trading you can't use one strategy. the crypto market is always volatile in price and volatility. you should always update your strategy, or you should prepare your backup technique strategy because that is the only way to get back your lost money. so I think improve your strategy and try to analyze your mistakes to serve as improvements in the future.

While not wrong at the same time people need to remember to backtest their strategies all the time, after all there are many people with countless strategies but they do not have any idea if their strategies actually work, so it is better to only have one strategy that you have actually backtested than to have multiple strategies that you do not know if they are profitable or not, however if you can have both and you have several strategies while at the same time you have backtested each one of them and you know they are successful then that is the ideal scenario, because that way you can use the strategy that better fits the market at the moment.

[Rajamuda]

The current conditions do make some traders overwhelmed, as a trader.. of course you have to be able to prepare from the beginning to deal with some price movement situations that may occur.
The same strategy does not guarantee profits, sometimes we do have to prepare a backup strategy at a certain time. Just don't put a lot of capital in trading nowadays except investment, and be careful you can get keep losing because of picking the wrong coins.

[zanezane]

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

[palle11]

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Yes some of thet the general and conventional strategies can still work but they need some modifications by the individual. You need to monitor the changes and challenges of the present market to the trading plans to know what is not working and that which is working. The times have changed but the indicators still remaining the same, we however need better ways to tackle the market price. All the indicators have parameters and they are there for adjustment.

[john_nautica]

Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

Sometimes using the strategy is not good, every strategy has its own use at a certain time. What I mean there is some strategy that is much better to the current market and there are some strategy that is bad for the current market but good in the other market, my suggestion is don't limit yourself to one strategy. Go study and explore more strategy that you can use to different market situations.

[zaesvlas]

It is very sad to read such messages, in fact. I would like the uttraders to succeed. In any case, if you see that the result of your work is losses, try to analyze the cause of these losses.