Continuously Loosing money in Trading!!!!

[LUCKMCFLY]

And there is no alternative to price action trading to stop it managing your risk can be the most powerful tool that can ensure you remain neutral.

We tend to know how to manage risk.

But there are moments that they can't really stop when they become emotional with their trades. And that becomes the reason for them to have their own short fall.

By which it leads them to keep losing because they no longer can lose their emotion even if they know how to manage risk.

This is why being able to manage your emotions is critical, many traders do not think too much about it and some may even feel that it is not necessary, but it is, the ones that cannot do it most likely will lose their capital as the market does something they were not expecting and then they begin to lose money, at that point the correct thing will be to close their trade but instead they decide to keep it open because now they are revenge trading the market trying to get their money back, and that never ends well.

In this aspect you are absolutely right, because many traders have spent a lifetime trying to learn that emotions are the first thing that should be studied in the effect of market movements, however when many see a bullish scenario occurring, similar to the one These days, when the BTC of 52k has gone to almost $ 60k, they begin to buy as if the BTC were going to run out, and this causes the effort made by the whales to have the expected effect, which is, that they buy expensive while the whales are selling little by little, this is a practice that has always occurred in all speculative markets.

[doremonchina]

After a huge misfortune you might start to address yourself which prompts all the ordinary issues numerous new brokers have such as escaping exchanges excessively fast clutching them excessively long skipping exchanges with the dread of losing or getting into a greater number of exchanges than you ought to trying to make some success exchanges On the off chance that you have encountered these issues or experienced a critical loss of capital
there are ways of getting yourself in the groove again.

[Kimonoe]

Perhaps the strategy is outdated. Try something new. That's all the reason I could think of.
You are an experienced trader and you might also be proud of what you have made out of the same strategy that's why you don't want to let go of it.
How about try some round with an experimental strategy and see if you will have a different output.

Yeah, time by time techniques and strategies become obsolete, time changes so basically, strategies should be different and changed as well, if you will just stick to the strategy that has made you win before then maybe that is not already good as of the current situation because there are already a lot of things have changed time by time. This is a continuous learning so you should still adapt with the changes.

to be able to change the initial strategy, we must have a lot of experience in trading, so we will have intuition that is formed naturally, so we will be more sensitive to market conditions at a time. If beginners do this, of course they will be confused by market fluctuations, so they can feel frustrated

[retreat]

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.

you have been trading for 3 to 4 years but why are you currently losing?
maybe you can replace the method you usually use with another method, now there are many books or groups about trading out there. Trading requires patience, logic and mental endurance, so keep on sharpening that ability.

[martina14]

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.

[crzy]

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.

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

[jossiel]

And there is no alternative to price action trading to stop it managing your risk can be the most powerful tool that can ensure you remain neutral.

We tend to know how to manage risk.

But there are moments that they can't really stop when they become emotional with their trades. And that becomes the reason for them to have their own short fall.

By which it leads them to keep losing because they no longer can lose their emotion even if they know how to manage risk.

This is why being able to manage your emotions is critical, many traders do not think too much about it and some may even feel that it is not necessary, but it is, the ones that cannot do it most likely will lose their capital as the market does something they were not expecting and then they begin to lose money, at that point the correct thing will be to close their trade but instead they decide to keep it open because now they are revenge trading the market trying to get their money back, and that never ends well.

It's one of the best asset that a person can have, a control to himself including emotions is very vital.

Because being emotional as you trade will make you loose control. And when you come up to that point then you know what's going to happen next and you'll never like it.

[Victorycoin]

If you want to trade you have to do both profit and loss, But if you are constantly losing the money you must realize that there is something wrong with managing your trading. I think your need to focus more deeply if you want to trade and if you are not focused then you will face a lot more loss. you can also take the help of someone who has many years of experience in trading so you can make some recovery.

[xSkylarx]

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.

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

[Ianlanim]

It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

[sana54210]

I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

Backtesting is good only up to a level as market may not remain and behave same for all the times. Market behavior will change according to number of traders participating in one particular day which is the reason that we should not completely rely on backtesting. To understand one strategy we can go for the backtesting but that doesn't provide any guarantee for that strategy.

It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

Yeah I agree; when you are unable to control your losses then you must stop your trading and start looking for re-evaluating your strategy by testing it against market conditions. Sometimes a strategy might get older against market volatility which is the reason it might fail time to time. Traders who are all updating themselves continuously may not face such problems.

[Fredomago]

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.

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

A good part of your journey, when you managed to adjust and enhance your strategy, those lapses will bring good conversions to your trading experienced. It's not easy though because there are so many factors that really affect your result from time to time. Being keen and willing to do better is a good sign that you are increasing your chance to succeed.

by keeping yourself aware in every market situation, you are moving to the right track. There are patterns that will help to survive. Make sure to use it as your advantages,.

Losing is just a part of success, if you know how to treat it the right way.

[Stedsm]

Either change your strategy or change your mindset of quick profits. If you can't wait with your position for at least a few weeks (in well-worth coins), then you're not a trader but a day-trader. And losses are common in a day-trader's life. It's better for you to stay away from trading, and calm down. Learn some patience through meditation and yoga, and then try your hands on trading again. Eh, but don't leave the markets now as it's already in bull trend so you will make money. Just be cautious with what you're buying. A little bit of DYOR will help.

[Ziskinberg]

snip....

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

A good part of your journey, when you managed to adjust and enhance your strategy, those lapses will bring good conversions to your trading experienced. It's not easy though because there are so many factors that really affect your result from time to time. Being keen and willing to do better is a good sign that you are increasing your chance to succeed.

by keeping yourself aware in every market situation, you are moving to the right track. There are patterns that will help to survive. Make sure to use it as your advantages,.

Losing is just a part of success, if you know how to treat it the right way.

We can never escape from losing if we don't take action to correct our mistakes and lapses, and no way we're able to succeed, that was the fact in trading. If we are also aware of our situation most likely we do something to change it just for the sake of survival otherwise, we just fail and lose our money too quickly.  
Trading isn't for everyone, we have to accept this and I think we can do an assessment to ourselves if we can really do this. We can take for the 2nd or 3rd try but if there is no improvement to see, I think we should have to quit which is the smartest idea rather than to curse ourselves.

[Lanatsa]

It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

Don't expect for sudden or assured U-turn whenever you do make out some reverse of your strategies because the market is unpredictable but somehow this idea is really worth to test on because trading

is an activity which it does really require lots of trial and error until you do end up on getting a good grasp of it but of course that wont really be that simple.Just continue and try to learn up something

on each losses or mistakes that you do commit but when its really happening on excessive manner then it isn't bad to take a break.

[Hobo66]

I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

[livingfree]

I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

Those that don't set stop loss, they're amateurs.

But those professional traders, they're the ones that are using stop loss for good. It's simply cutting losses and these traders know how important it is to stop the hole of their trades and balance.

It's the simple strategy yet helpful.

[Rehan Zakir]

Brother I suggest you to change your style of trading. Because if you are not getting success then you can change your style of trading. Because peoples earn a lot of money by this trading. And you are doing a mistake that you always do to took a heavy profit and in result you get loss. So, learn trading rules and techniques that then start it

[Mahanton]

I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

There's always a border line for everything and not all would really be that patient enough to make things even more becomes worst or losing up even
more which i could really say that stopping completely wont really be that a bad decision because there is something which we arent really that good
with that no matter how hard we do try but still ending up on being a failure which its not really not bad on taking such step.
Losing money in trading is normal and thats why we should do our best with this one.

[DOH!]

A trade is an opportunistic action that is predictable on a permissive basis using a combination of diagnostic tools.  But completely difficult for me, because of the high transaction speed and volatility of crypto.  It is clearly not suitable for those who want to win but have little experience.  Instead of losing time and always losing money in trading, I chose the form of Long-term Investment, quick reinvestment with Launcpad / IDO model.  It is quite reasonable to accept the change for ordinary traders.  However, passion also determines the odds of increasing for those patiently wanting to build.  Out of all my friends, they almost only lose at the beginning and choose to give up or patiently learn higher trading.