Continuously Loosing money in Trading!!!!

[HUSTLER]

The mentality of proper trading involves neutrality you will not be associated with a trade or position without a chart don’t focus on winning or losing a trade once you start trading, you will notice that you are starting to get emotional and it tempts us to take trading mistakes such as over trading or too risky trading. 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.

[gamer4156]

The business sectors will get more brilliant and your technique will get more moronic as the time elapses. That is the reason you are losing cash now. It was simple before on the grounds that all you needed to do was long and you would of in all likelihood had a triumphant exchange. Anyway right now its difficult to determine what will occur.

[Fredomago]

The business sectors will get more brilliant and your technique will get more moronic as the time elapses. That is the reason you are losing cash now. It was simple before on the grounds that all you needed to do was long and you would of in all likelihood had a triumphant exchange. Anyway right now its difficult to determine what will occur.

Tough call to everyone aside from those big bag holders, they are in top upper hand in terms of bringing the market to their directions, if you can't play with how this sway is doing right now, better to stop and rest for a while, continuous losing is not a good way of business, you are here to make money and not to lose it.

In difficult time like this, your option is to relax and think deeper. Don't make any unnecessary step if you are unsure about your decision.

Free up some negative vibes, and try to find the right system that will work with this kind of market.

[coinism]

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.

Trading is not for everyone, even experienced traders find day trading difficult at times. OP is doing trading for 3/4 years which means he is an experienced trader. If his technique for the last 2 years is not working right now then its better to change the strategy. My advice is go for HODLing if you find trading difficult right now, have some break and return with fresh mind.

[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.

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.

Yes, it is for that reason that always when I trade it is only 3 trades and according to that I realize if I have the understanding of the market, in case I lose it is because I am misunderstanding and it is time to change the strategy and not even Having a more correct vision, I am not going back to the market, there are currently many fundamentals in the world, there is a variant of covid-19 that has caused a lot of controversy and some countries in Europe have decided to close the borders and this type of event can affect the market strongly as "panic" causing many to sell, and for the most intelligent and who have the ability to buy they will do it cheaper, this is a good reason.

[carlfebz2]

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.

Yes, it is for that reason that always when I trade it is only 3 trades and according to that I realize if I have the understanding of the market, in case I lose it is because I am misunderstanding and it is time to change the strategy and not even Having a more correct vision, I am not going back to the market, there are currently many fundamentals in the world, there is a variant of covid-19 that has caused a lot of controversy and some countries in Europe have decided to close the borders and this type of event can affect the market strongly as "panic" causing many to sell, and for the most intelligent and who have the ability to buy they will do it cheaper, this is a good reason.

As long you are aware on whats happening around then you wouldnt really lose up yourself on track towards your trading yet you could apply both fundamentals and technicals if you wanted to

but dont try to be perfectionist because anytime this market could fucked you up real hard if you dont know on what you are doing. Be sensible and using up common sense

and be versatile on making out adjustments whenever those sudden change of events in the market which you could really utilize on.

[bonyaserg]

In this situation, I can only say that the strategy for which there were successful deals does not work. But I can only say that for many years I have just been successful in trading. And personally, I can say that in order to successfully trade on the stock exchange and be in the black, you need strong patience and an accurate forecast. Since all subsequent transactions depend on this.

[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.

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.

Yes, it is for that reason that always when I trade it is only 3 trades and according to that I realize if I have the understanding of the market, in case I lose it is because I am misunderstanding and it is time to change the strategy and not even Having a more correct vision, I am not going back to the market, there are currently many fundamentals in the world, there is a variant of covid-19 that has caused a lot of controversy and some countries in Europe have decided to close the borders and this type of event can affect the market strongly as "panic" causing many to sell, and for the most intelligent and who have the ability to buy they will do it cheaper, this is a good reason.

As long you are aware on whats happening around then you wouldnt really lose up yourself on track towards your trading yet you could apply both fundamentals and technicals if you wanted to

but dont try to be perfectionist because anytime this market could fucked you up real hard if you dont know on what you are doing. Be sensible and using up common sense

and be versatile on making out adjustments whenever those sudden change of events in the market which you could really utilize on.

Yes, I agree, that is why at the moment, I have no idea what can happen, I could not tell if the market is going in any direction, it would be gambling, and gambling in trading I do not like, because it is not correct do trading operations based only on luck because that means a very great possibility of losing money, at the moment I prefer to be out of the market until I see a good entry opportunity, as I have said before, the market always gives new opportunities, the market is benevolent.

[Sweetbtc]

If you're a brand new capitalist, it’s traditional to raise yourself if trading mercantilism is profitable, given all the news concerning the chance level, the high proportion of traders losing cash and therefore the difficulties of mercantilism on the exchange market.The market has maintained exponential growth since its origin and attracts additional and additional investors.

To start mercantilism, you want to have some basic data of the currencies market. Therefore, you want to attempt to get the maximum amount data concerning the market as you'll to accumulate getting data and skills that may enable you to form ways and have knowledge that may be helpful for you to enhance your investments.

[ReiMomo]

The final call i made after loosing money in trading is, go for a long term investment. Yes, I have invested on a best coin and have kept them for a long term. As we can not predict the market and succeed on day trading, it would be advised to go for a long term investment. Even an expert tend to loose in trading. So analyse where you are going wrong and find out the solution to correct it. Never repeat the same mistakes.

[Zilon]

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.

Many things might be responsible for your present losses and one of it could be over familiarity with your strategy. It could be you have understood your strategy to the point where you no longer need a second confirmation to take a trading decision and this could be deceptive atimes. It could also be yiu no longer spend good time on your analysis any more . The problem might not be from the analysis it could be from the analyer because the market behavior never chances it's the emotions of the trader that makes them feel their analysis is outdated

[Fredomago]

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.

If it's a continuous lose, change in strategy is the needed thing to happen. All that you've said are right, someone's not making good trades, there's something with him.

And he has to find out what has been happening and where he has been wrong. But if no cause has been found and it's hard to detect on which part he has to change, I agree to you that stopping is the best thing to do.

If you are doing your best and you still getting the same outcome, better to assess and decide whether to find other ways or if it's time for you to let go and forget about this industry, trading is not for everyone as many has saying that, there are people who can excel but there are also people who will continue to suffer.

If you are not performing and you are not getting the desire that you are aiming, maybe you are one of those who
are not really meant for this business.

There are many available businesses outside this market, you can explore if you really not achieving what you are aiming here.

[shawon01]

The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders.  Those who learn from experience

[Xinarae*]

The reason for losing money in trading is that the strategy you are pursuing is not working properly and you need to learn more about trading. Technical analysis is the most reliable source from trading if you have a lot to lose in day trading, you have to stop and learn by putting your knowledge to good use can also hold long term. There is no fear of losing and the risk is less if you can keep the right currency by investing you will get benefits.

[joeperry]

If you are trading that long and until now you are not earning and continuously losing I think there is something with your strategy, analysis or perspective about the market usually you should be able to at least make a profit even if it is low but if you are constantly losing I think it is better to stop, re-learn trading and practice (with lower fund) to test yourself if you have improved, usually rushing things and not clear thinking would end you up losing. Actually there's a lot of factor but it shouldn't not affect your trading.

[palle11]

Actually there's a lot of factor but it shouldn't not affect your trading.

There are factors that can really prevent a trader from making profit and that includes fear. Fear of losing is a big problem with trading. Having the fear of losing your money but at the end you still lose it. Another factor is bad sentiment. Sentiment is not always bad for market but if you always having no good sentiment always is bad trading.
Lack of confidence in your trading plan or strategy. This is important. We have to believe in our plans to make profit. Some times the market will revert to our position but because we are not confident enough we exit but to come back and see it responding to our initial plan

[LastKiss]

If you are trading that long and until now you are not earning and continuously losing I think there is something with your strategy, analysis or perspective about the market usually you should be able to at least make a profit even if it is low but if you are constantly losing I think it is better to stop, re-learn trading and practice (with lower fund) to test yourself if you have improved, usually rushing things and not clear thinking would end you up losing. Actually there's a lot of factor but it shouldn't not affect your trading.

Well, we should see our emotions when we trade most people are panic when a downtrend happens and they become greedy when an uptrend happens. It will affect our trading result because of our impatience and greediness, that's the most common problem but hard to overcome. Also many uncertainties happening in the crypto market and we should adapt to it because crypto volatility is really high.

[pinggoki]

The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders.  Those who learn from experience

If this doesn't work, one thing that OP should do is to quit and just be a hodler or just an occasional buy and sell because not everyone can make money trading and it has been that way ever since and I don't think that there's not a lot that OP can do, if he goes and chase for the break even, he might end up losing more money in the process making the break even much harder.

[AicecreaME]

The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders.  Those who learn from experience

If this doesn't work, one thing that OP should do is to quit and just be a hodler or just an occasional buy and sell because not everyone can make money trading and it has been that way ever since and I don't think that there's not a lot that OP can do, if he goes and chase for the break even, he might end up losing more money in the process making the break even much harder.

I agree.

Some things are not really meant to be, if OP can't make any progress no matter what he do, the only conclusion that I'm thinking is that OP is not suited for it, because if OP will continue to do Trading just because of his losses, he will definitely lose more money. On the positive side, at least OP tried and look for another way to earn money that suit his style.

Giving up on something doesn't always mean that you're a coward, sometimes it means you're mature enough to accept the reality and learn from it to grow more.

[yayayo]

There's other more ways to earn than trading, you can invest to new projects, stake your money to gambling sites or even stake it to earn more profit. I think trading was not fit for you or probably not yet ready to do trades and need more experience and knowledge about trading if you are continously losing why would you still continue it right.

ya.ya.yo!