Continuously Loosing money in Trading!!!!

[Shagnasty]

Many days before i had seen a post before the same question but there is a little difference which was about trading strategies, that should be change the strategies in trading? The answer is Yes because trading strategies changes with time, So I also prefer you to not use the same strategy again and again that's why you had lost your money.

[Fredomago]

There is no strategy that works 100% of the time, the more you trade the more experience you will get. Having a decent experience will let you analyze the market better and the chances of making wrong decisions will be lower within time. Better to take a break and don't risk more than 10% of the trading capital in single trading. Just my 2 cents.

Indeed, analysis only helps us to minimize errors. But there are many factors that cannot be analyzed, such as whales and sometimes emotions. Emotion is a factor that beats everything. Emotional management is a very difficult thing. This happens because they are greedy, they want to get a quick return on investment when they get a loss and etc. Your suggestions are very good I think the writer should try he should keep learning to get the most comfortable technique with his ability.

Never ending learning, if you want to be successful you need to work and adjust with every market sways, I'm considering your both statement as a good knowledge base first hand experienced, emotions really beats every traders especially those who are not well prepared with what the market will bring them, anticipation and analysis will help you but it's not a guarantee, the changes is unavoidable matter considering those whales around this industry.

You need to think wider and wiser to play good with what they are trying to bring to the market. From that on forward, you can ride along and start making good outcomes.

[goku19]

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

[Sihab76]

I used to face consistent losses early in my cryptocurrency trading life but now I have gained experience in trading which is why I don't face much loss now. Moreover an experience can bring you a lot in trading life.

[Mahanton]

I used to face consistent losses early in my cryptocurrency trading life but now I have gained experience in trading which is why I don't face much loss now. Moreover an experience can bring you a lot in trading life.

Losses is part of experience and experience is your best teacher if you do really make yourself learn on how to deal with this market even though the situation wont be simple but this is how reality works. Deal with those losses and learn from it. Making yourselff way more better is only just on this kind of way and if you try to avoid it via stopping then you wouldnt really make yourself way more better. We are here for long game and wont really be just
good for shorter ones which would make out mistakes when you are in a rush.

[livingfree]

I used to face consistent losses early in my cryptocurrency trading life but now I have gained experience in trading which is why I don't face much loss now. Moreover an experience can bring you a lot in trading life.

It's nice to hear someone shares how he improved his trading journey.

When you're getting a lot of loss and then become serious with it, you're really bound to improve.

But some people might doubt that you're no longer facing that many losses. Well, it's normal to hear that if someone says so.

[nurilham]

If you continuous losses in trading ,doesn't that mean something is wrong? Determining a strategy in trading is an important thing that every trader must do, but that doesn't mean we can use that strategy all the time, we also need to improve it and adapt to the current crypto market. if you realize that the strategy you did before did not help in trading now then you should immediately replace or upgrade it. That's why every trader must grow in order to keep up with market movements. crypto market is unpredictable so we have to be able to follow it well.

[HUSTLER]

There is no specific strategy will work in trading and I first time heard of you. For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy. 

[Theones]

[quote author=devlin85 link=topic=5360699.msg57969827#msg57969827 date=1632026278

 I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses),
[/quote]

If you are really in crypto trading for 3 to 4 years I am shocked why you are asking such a lame question. If after spending so many years in trading you aren't able to handle wild fire of trading then surely trading is not for you. Go and try other method of crypto investment like hodling, you will definitely love it.

[Crytpozer0]

I dont see much wisdom in all these answers, they are replying to you not even knowing what your strategy is.

I can say you this, the answer lies in your question.

Since you are UP just make sure you wont go down, in simple terms that means take profit, dont forget the power of compounding, dont be too greedy because the market will allways give you an opportunity.

Do not give your profits to the market, trading and building your portfolio is a game of patience, I know that crypto gives much gains in a short period of time but if that distracts you than dont even go trading.

If you make a 5% 1 day wait for the market to show you a direction in a few days so you can make another 5% or more or less. go with the trend, as I said the market is allways here just make sure you have enough ammunition to shoot.

[stomachgrowls]

There is no specific strategy will work in trading and I first time heard of you. For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy. 

All would be trials and errors which is a very common thing that you would experience out as a trader.There would be no precise strategy would work constantly on which you  should really be verstatile
on every aspects because this isnt something that could be predicted even you do make out some profitable trades in the past on a fix strategy.

You should really prepare up yourself on losing money because its normal for a unpredictable market.Dont try to make yourself a perfectionist on where you dont consider
on committing losses.

Via experience you would really lessen out the risk on losing money in trading but not completely getting rid of it.

[LUCKMCFLY]

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

When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.

[dunfida]

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

When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.

No one would get used to losing because it would be just a normal reaction or part of human instincts or nature that we would completely stop on doing something which causes for
us to lose money unless if you are addicted to it then you would really be continuing on doing that which would really be an unfortunate stuff that you do need to deal off with.
If you do lose then try to study and analyze on why it did happen and then making yourself more better as you do progress or go ahead.
Losing is part but you could lessen out those odds via experience.

[blockman]

There is no specific strategy will work in trading and I first time heard of you.

There is, those technical analysis works for many.

For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy. 

Even the best still falls. That's why those experienced can still have their downfall due to bad decisions that they'll apply with their trades. Someone can make a fortune within a less time of allocation and someone will have it the opposite. We have our own experiences and if someone is consistently losing, it's his problem to make it up.

[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.

Obviously, you need to change your strategy dude that's the only things I saw why your continuously loosing your coins, that means your old strategy was no longer effective anyway, try to change your tactics. And I don't know what methods you are using, but whatever it is make sure you can earn from it, good luck then!

[Timmex01]

There are usually ups and downs but then ensure you know your technical analysis well, don't be greed, set and follow your daily or weekly goals.

[checkmatesir]

Work hard for every gaol. If you have command on your work as well as the ways of your achievement then you can quickly and easily win that reward but if you do not even think about the thing in which you want to be successful then it will be your worst mistake and in this way it may be possible to get rid of your money. So if you want to make capital then your attention should be on future not on the past because past has gone now think what has to come after that.

[panukurap]

The trading ability that your sister has seems still not fast enough to catch the real thing. Even though the price given is no different, I still support the FC. I don't think everyone has to vote for it, but it has been used to protest to Kiwi. I have told you to go forward to seek help, but there is no answer, yes, the framework will be renamed Septianadc.

[blockman]

Losses in this industry are quite possible. The main thing is to understand how this can be avoided or how it can be covered.

It's not only about that but you need to use indicators and analysis. In trading, losing is common and it's always part of every traders experience. Also, another main thing is on how you're going to control your emotion as it's being told by everyone. If you don't control it, you're going to loss everything despite you have an idea how to avoid losing.

[AicecreaME]

It's pretty alarming because you are trading for 3-4 years already and it seems that your losses are way too many than your profits. Maybe it's time for you to try other strategies in trading if you're not making any profits anymore in your old strategies. There are so many new approaches on making technical analysis that you might find interesting. Don't be afraid to get out of your comfort zone, that's my advice to you.