Continuously Loosing money in Trading!!!!

[Fredomago]

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.

Sometimes TA's don't work.

It's been proven that there are the times that it won't work as what you're expecting.

But you still have the edge for learning TA because it's really going to help you to decide and how would you react to what it shows as you analyze the chart.

In most cases, fluctuation really affects the market even you knowhow to use TA, with unpredictable market movement sway from crypto market will hurt your expectations. Though I agree that if you have some good understanding, TA can be used as your advantage, you can stop when something is not working and assess if the strategy is not fit to your position.

It's about adjustments and more in anticipation of where the market will be heading.

Stop and try to continue educating yourself before trying again. Maybe there's still some room to grow..

[jhonjhon]

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.

Yah, maybe trading is not the right thing for him..Maybe he should find more ways to earn money than keeping himself in trading but continously lossing his money.And it is not good at all.If you've lost a lot of money in trading,it doesnt sound that you are investing but its sounds like you are gambling.The reason why some traders failing is because they are trying to recover the lost money.

So if I were the OP i will stop trading. It would be wise to invest for the long term.Though it takes a lot of time to earn,you still have chance to gain more profit. All you need to do is to wait and be patient.

[milewilda]

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.

Yah, maybe trading is not the right thing for him..Maybe he should find more ways to earn money than keeping himself in trading but continously lossing his money.And it is not good at all.If you've lost a lot of money in trading,it doesnt sound that you are investing but its sounds like you are gambling.The reason why some traders failing is because they are trying to recover the lost money.

So if I were the OP i will stop trading. It would be wise to invest for the long term.Though it takes a lot of time to earn,you still have chance to gain more profit. All you need to do is to wait and be patient.

Not all things are really meant for everybody or for anyone who do tend to engage with it and as said there are things which you couldnt successfully able to deal with no matter how hard you do try
and how long you've been engaging on it thats why we do have our own will whether we do proceed or would totally stop for our own good because not all things do really ends up
on better ways if we do tend to engage on long term.You arent dumb on not to notice it on your own will and we are the ones who should decide for ourselves
on the situation you are on and if you do find that you arent doing good anymore then why would tend to continue?

[toast]

We didn't say that it is not for you but probably this is not yet the best time for you in trading, don't stick to something where instead you are earning you are losing. Probably try other including offering service and other works and other ways to earn money don't stick with trading if you see that you are not good and only losing to it.

[carlisle1]

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.

Analyze more is the key and your knowledge should continue to grow especially getting the updated trend and using that you can be more effective in trading. The strategy that you have years ago might not work right now so better to have a new up and always be updated, losing is normal but if its consistent you must have a new strategy, just keep trading effectively because if you lose big better not to trade at all.

In order to continue moving forward, you should enhance and update whatever strategy you have, if things are not working well

better to observe and assess if you are in the right business venue, maybe if there's no improvement even you try all the best

that you know, better to venture to other kind of business and try your luck. You can split your fund and see if what venture

will bring you a satisfying result.

[AakZaki]

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.

An expert is not going to continue to be successful, there are times when they lose in trading, but they have their own strategy to recover their losses. But if we continue to lose trading, then we have to improve our technical analysis and learn more about what strategy to use. Long-term investment is indeed good advice, but you also have to know when to get in and when to get out, if you have a target to achieve you have to really believe and be able to hold it for the long term.

[2girls]

So, it means now your strategy is not useful for getting good profit. Now you must find another suitable strategy. Nowadays the smarket is also not good, so it can be possible that strategy is not working due to market condition.