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Author Topic: Continuously Loosing money in Trading!!!!  (Read 1353 times)
Torps1
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November 04, 2021, 03:37:24 PM
 #161

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's pathetic but you can take a break. I guess you must be under pressure to recover your lost funds which is eventually leading to more loss.  Try and keep your emotions under check.

Never fight the market, if you notice a change in your trading journey, then take a break and go for more knowledge.
Remember, there's no champion in trading and again, past setups/strategies doesn't always guarantee you a win.

I wish you well.
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November 04, 2021, 11:40:56 PM
 #162

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.
Even though you have two to three years of trading experience, you can sometimes face losses. In this case you need to make a proper plan on technical analysis and trading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.
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November 05, 2021, 01:52:26 AM
 #163

Are you always loosing money in trading? Are you always a victim of not knowing when to trade? There are several things you need to know about trading that you have not known,that is why you are loosing,and if there is nothing done about it,there is every possibility that you will continue loosing.
You must be a constant researcher.As a trader you are,you must familiarise yourself with the current methods been used or strategies been used to make profit.
You must make contact with people that have failed before,and are now succeeding.
You must have a strategy that seems to work for you,and compare it with people's strategy,and with these,you will hardly loose.
blackened515
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November 05, 2021, 01:57:10 AM
 #164

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.



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savetheFORUM
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November 06, 2021, 05:42:43 PM
 #165

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.
OP doing trading for some long time and suddenly now he is losing money continuously which is really matter of concern for him, so now he can do two things first try to change his strategy because sometime having same strategy can't work mean in early days have profit then suddenly all change in losing mean now time for change in strategy.

Secondly try to have some off days from this and then start again with fresh mind because trading is very epic thing sometime doing consistently having many side effects so having some break is also very good for traders this will give some good change in mind and freshness can bring some positive impact on your way of trading.
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November 06, 2021, 07:08:46 PM
 #166

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.
OP doing trading for some long time and suddenly now he is losing money continuously which is really matter of concern for him, so now he can do two things first try to change his strategy because sometime having same strategy can't work mean in early days have profit then suddenly all change in losing mean now time for change in strategy.

Secondly try to have some off days from this and then start again with fresh mind because trading is very epic thing sometime doing consistently having many side effects so having some break is also very good for traders this will give some good change in mind and freshness can bring some positive impact on your way of trading.
That he needs to check what went wrong with his strategy or that become obsolete due to market changes comes. This becomes possible as the nature of market demand and supply had also changed and that it needs to adjust otherwise we can't make a good trade and instead of losing.

Yes, that I thought OP needs time to calm down and have a rest for a while. Maybe he got stressed out himself and that cause him not to analyze and think carefully. This becomes a huge factor (stress) that could affect the result of our analysis and so our decision-making.

R


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DoublerHunter
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November 06, 2021, 07:44:19 PM
 #167

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.
^ A one or two consecutive losses in a strategy is not good at all, you need to change it and find a better one that suits your trading activity.
There are too many strategies that can be used if you really want it and there is no need to repeat it once you have experienced a downside on a strategy. A good trader should always prefer a few strategies and not stick to one strategy because trading is not just easy of making money and actually, predicting the market price needs more tools to become an accurate one. As I suggest, gain more experience than making a lot of money in trading.
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November 06, 2021, 07:58:28 PM
 #168

Even though you have two to three years of trading experience, you can sometimes face losses. In this case you need to make a proper plan on technical analysis and trading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.
The best traders still have their losing days and there's no one that can escape that. You can do the best analysis and yet still lose, this isn't new to the market.
Just do not be too harsh on yourself if you fail to take profits because that really happens if we're feeling too good to ourselves. We're letting our guards down when we're about to take profit and we're missing tiny details with our trades.

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November 09, 2021, 03:59:10 PM
 #169

They say change is the constant, this statement is what describes cryptocurrency market. The bitcoin trading this year was full of uncertainties after the rise in value if bitcoin early in the year! I have heard many people complain of constant loses and I have had my share as well. I think the best thing now is to ride bitcoin bull market and be satisfied with any profits gained!

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November 09, 2021, 04:42:51 PM
 #170

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.

Reset your strategy and use a new one. Learn the market movement so that you can create another strategy. Trading not just depends on one strategy, every movement in the markets needs new strategy to gain more profit and not losses. Also just analyze your past trading experience and you will be able to see what need to improve in your trading plan and strategy. Experience will be our guide and teaching methods.

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November 09, 2021, 06:53:55 PM
 #171

Even though you have two to three years of trading experience, you can sometimes face losses. In this case you need to make a proper plan on technical analysis and trading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.
The best traders still have their losing days and there's no one that can escape that. You can do the best analysis and yet still lose, this isn't new to the market.
Just do not be too harsh on yourself if you fail to take profits because that really happens if we're feeling too good to ourselves. We're letting our guards down when we're about to take profit and we're missing tiny details with our trades.
Losing is inevitable and cant really be avoided no matter how good you are as a trader.What matter most here is that you do able to sustain yourself despite

of those losses which it should really be your main priority.You shouldnt really make those losses would completely stop you on doing trades because this is

on where you do learn up and make yourself way more better compared in the past and if you are really that dedicated to be a trader then you should really
be that passionate.

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November 09, 2021, 07:13:16 PM
 #172

may be this won't help you directly but it may give you a useful perspective on trading which could help you in the long run

https://youtu.be/bT140eYQwWE
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November 09, 2021, 07:19:37 PM
 #173

If the time is changing, and the market price changed most often, that means our strategy must also be change as always.
Our strategy should apply depending in the scenario of the movement in the price. So, therefore, in your case, you need to change your way
of doing trade right now, due to its not effective obviously.
I agree, there are many strategies that can be used in market conditions and situations. If we use the same strategy in trading, it will definitely be very vulnerable. The continuous dynamics of the market make traders also confused, because the market does not always provide profits quickly. Sometimes patience is the key in trading.

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November 10, 2021, 10:52:41 AM
 #174

It is very simple, you need to change your trading strategy and start with an amazing strategy which always suits your trading facts, I hope it will help you a lot and through this you can get your profit again, Its a matter of using same strategy again and again and the market is volatile which can't be better at every situation.

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November 10, 2021, 01:56:59 PM
 #175

Not everyone loses in trading, and those who did not want to learn so as not to lose. Sosstvenno, we see the result ourselves.
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November 10, 2021, 02:13:48 PM
 #176

It is very simple, you need to change your trading strategy and start with an amazing strategy which always suits your trading facts, I hope it will help you a lot and through this you can get your profit again, Its a matter of using same strategy again and again and the market is volatile which can't be better at every situation.

I believe he should try to change his strategy a long time ago... if you constantly lose money you need to change something, and if changes don't have the effect then it's time for quitting and looking for something else! It's not smart to push until you lose everything you have...

Not everyone loses in trading

Of course not, trading is PvP, if some people are losing be sure that some people are making money!

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November 10, 2021, 02:23:48 PM
 #177

It is very simple, you need to change your trading strategy and start with an amazing strategy which always suits your trading facts, I hope it will help you a lot and through this you can get your profit again, Its a matter of using same strategy again and again and the market is volatile which can't be better at every situation.
Well, once we start with a new strategy and then fail like the old strategies did, we will continue to move on to the new plan and get caught up in such an alternative, it is difficult to get enough number of strategies to change and moreover, each change strategy pays with many times of loss, this is not the range we should admit. Besides, to approach and explain a strategy to achieve the effect is relatively complicated and time consuming, such response is not a good way, should go straight to the heart of the problem and identify what is broken in the old strategy to improve more

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November 10, 2021, 02:48:16 PM
 #178

I agree, trading is a game of knowledge and experience since if we don't have knowledge or experience in the field we will lose money continuously. The best thing we can do is learn about the crypto market, check it out regularly, and also verify the accuracy of any prediction.

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Koro-Sensei
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November 10, 2021, 04:30:40 PM
 #179

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.
If its not working anymore, then you have to change it. Something's wrong with your trading strategies so its kinda good to have changes for good. Trade with charts aren't easy and needs knowledge that can't be obtain in just a year of trading. With your statements, I suppose that you sticked only on your trading stat and never tried something new. Well, time's changing and market is changing too. Adopt.
AakZaki
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November 10, 2021, 09:55:35 PM
 #180

experience is a guide and a warning so as not to make the same mistakes. when the first strategy is not successful, then another strategy is needed to avoid losses.
Learning from past mistakes will help you avoid making the same mistakes.
Maximizing profits and minimizing losses must continue. Trading knowledge will help you to stay on the right track.
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