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Author Topic: Stop or continue trading  (Read 1167 times)
globalpain
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January 09, 2022, 09:43:15 AM
 #161

If you can control your trade management and are not bothered by the losses that have already occurred, I think you can continue trading. We can't stop trading, trading can give us financial freedom. However, all need knowledge and skills, make defeat an experience, next time don't waste it. Make the best possible trade.
Losing is part of the success story, if you don't encounter challenges in any endeavor you may never grow. I think that you don't quit because quitters never win, I advise you to build from where you are and avoid making such mistakes in the future.
Someone who is successful they must have gone through various good and bad experiences and that is a process,
nothing is instant to be successful and i think this should be remembered by everyone

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January 09, 2022, 11:56:58 AM
 #162

If you think that you could learn from your mistake and you could improve from it then continue,
But if you didn't learn anything and you are just randomly picking coins or joining the hype,
Then you should just stop because you would just lose more on the long run.
It would just be a waste of money if you wouldn't learn from your mistakes and keep on repeating it.

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January 09, 2022, 12:27:22 PM
 #163

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
it's all about the knowledge you have and when you are sure of the trading knowledge you have now after losing it all it's right for you to start again and take what has been lost.
but if you don't learn anything from what happened you'd better forget it because a lot of money will be spent in trading when you don't have the means and knowledge to be able to take profits.
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January 09, 2022, 01:05:52 PM
 #164

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.

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January 09, 2022, 01:27:45 PM
Last edit: January 09, 2022, 01:51:28 PM by IadixDev
 #165

As many have said the OP sound like a gambler punchline x)

There is no neccesity in trading, if you feel you cant stop and always need to be trading you should investigate your motivations Smiley

There are not always good opportunities, if you are not feeling really confident in an investement with all the informations you can get with a high probability of success then just wait. Be like the cat keeping alert and patiently waiting for the good catch Wink

Play to win, not just to play or you have high chances of ending up in this same situation again !

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January 09, 2022, 02:02:08 PM
 #166

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
We always learn from our mistakes so that we can be a better person, as you have lost all your capital on trading,you need to think and know where you make mistake so that it won't repeat itself,and don't use more than 10% of your capital to trade especially new coin,because price is not stable it can rise and fall.

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January 09, 2022, 04:26:50 PM
 #167

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.
It's true trading is very complex and when we don't have anything better think well before starting to trade,
the risk is very big so it's not something easy,
Here we must prepare knowledge, skills and even mental well before starting to trade
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January 09, 2022, 07:47:15 PM
 #168

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.
It's true trading is very complex and when we don't have anything better think well before starting to trade,
the risk is very big so it's not something easy,
Here we must prepare knowledge, skills and even mental well before starting to trade
Well, trading needs more focus and good strategies so you'll  be profitable in it. And if you think you are ready to return in trading, just make sure you have already enhanced your skill and build new strategies that will help you improve your trading so you won't be making the mistakes again. Because if you just want to come back just because you want to regain your losses without much preparation, i think this is not a good idea as you will only repeat making the same mistakes again and certainly add more losses on your previous trading experiences.

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January 09, 2022, 09:50:24 PM
 #169

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.
It's true trading is very complex and when we don't have anything better think well before starting to trade,
the risk is very big so it's not something easy,
Here we must prepare knowledge, skills and even mental well before starting to trade
Well, trading needs more focus and good strategies so you'll  be profitable in it. And if you think you are ready to return in trading, just make sure you have already enhanced your skill and build new strategies that will help you improve your trading so you won't be making the mistakes again. Because if you just want to come back just because you want to regain your losses without much preparation, i think this is not a good idea as you will only repeat making the same mistakes again and certainly add more losses on your previous trading experiences.
You would really be profitable but it would depend because not all the times people would really succeed on anything that they are dealing with specially on a speculative market on which it does involved lots

of trial and error which someone need to pass on before they could get a good grasp into this market.Whether you do succeed or not then there are really times which really makes you feel on quitting.

Stopping or continuing to trade will depend on you because you are the ones who is on good control towards your finances and you should make use of your common sense on making out decisions.

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January 09, 2022, 11:47:10 PM
 #170

Well, trading needs more focus and good strategies so you'll  be profitable in it. And if you think you are ready to return in trading, just make sure you have already enhanced your skill and build new strategies that will help you improve your trading so you won't be making the mistakes again. Because if you just want to come back just because you want to regain your losses without much preparation, i think this is not a good idea as you will only repeat making the same mistakes again and certainly add more losses on your previous trading experiences.

NOt at all, if you are returning you should be more focus on avoiding the same mistake, learn from what happened during your last trade and make sure that you already understand the value of working with your knowledge, the more you understand the better chances to succeed with your investment or trade.

It's really unavoidable to suffer from losing trade but if you know how to control and how to cope back, you can proceed and let the flow go just always find a way to recover.. Wink Roll Eyes

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January 10, 2022, 11:46:25 AM
 #171

As you told me you have lost your capital, I suggest if you don't learn from your capital loss then you don't need to start again trading but if you learned a lot from your loss then you should try again and before starting again you should learn about technical analysis and don't invest in any altcoin new in the market.
There are traders that don't learn at the start even having that experience of losing, there could be 2nd, 3rd or more attempts before they actually learn from those mistakes and losses.

It's okay to try again if the trader is pursuant and he's to eager to learn with his experiences. It's their money and they can do everything they want until they can stand alone.
I am also happy to start over, but this time doing good capital management, that is, not putting so much money in trading, let's say you have 1000USD, only have to spend 20% of those 1000usd and that 20% divide it into 3 trades, and apply the strategy, in case it does not work, what you should do is be out of the market until you understand well or try to understand what is happening in the market, and being out of the market for a while is not bad , the market always gives new opportunities, the important thing is to learn from what was lost and learn from what is gained.

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elisabetheva
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January 11, 2022, 05:53:48 AM
 #172

The key to success is never to return from a failed attempt to achieve something. It is necessary to learn from there and try again for success after acquiring the necessary knowledge ‍and experience. Stop or continuing it is depend on your condition.
right, the mistakes we've made are the key where we don't repeat them again, precisely because the mistakes we've made will make us understand what needs to be done and what not, make it an experience to keep going.

indeed it all ultimately depends on ourselves whether we want to stop or continue on the situation that has occurred.
but it never hurts to think again before deciding whether to continue or not, because a second chance will definitely happen again for repairs.
lienfaye
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January 11, 2022, 05:59:57 AM
 #173

The key to success is never to return from a failed attempt to achieve something. It is necessary to learn from there and try again for success after acquiring the necessary knowledge ‍and experience. Stop or continuing it is depend on your condition.
right, the mistakes we've made are the key where we don't repeat them again, precisely because the mistakes we've made will make us understand what needs to be done and what not, make it an experience to keep going.

indeed it all ultimately depends on ourselves whether we want to stop or continue on the situation that has occurred.
but it never hurts to think again before deciding whether to continue or not, because a second chance will definitely happen again for repairs.
Failed experience is a source to learn and realize something so you will not repeat the same mistakes again. Its normal to lose sometimes but if its happening always then think what could be the problem and improve the strategy. Its not enough that you still want to trade again after losing your capital, there should be an effective strategy this time to avoid losing your capital and thats what we need in order to gain.

VanityWallets2015
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January 11, 2022, 06:40:25 AM
 #174

With the current market now I think it's time to continue your trading and make a good entry/investment with the current bear market we have I think this is a good opportunity. However in my case I was not able to sell my coins and right now I don't have any extra money to buy BTC and other altcoins at a lower price. Let's just hope the market will end its bearish season.

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andriarto
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January 11, 2022, 02:52:20 PM
 #175

With the current market now I think it's time to continue your trading and make a good entry/investment with the current bear market we have I think this is a good opportunity. However in my case I was not able to sell my coins and right now I don't have any extra money to buy BTC and other altcoins at a lower price. Let's just hope the market will end its bearish season.
By setting up a reserve fund, we can buy back during a bearish season like today. It's a shame if we run out of capital to buy at a lower price. that way we will get the opportunity to get a bigger profit. therefore we should not buy it once and spend our capital, so that things like this do not happen. so there is no reason for us to get out of trading

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TopTort777
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January 11, 2022, 04:22:51 PM
 #176

Lost during spot trading - wasnt it better to hold? As I understand, you have traded on emotions. Otherwise I cant explain why choose to sell lower than you bought. I would suggest to hold the alts you still have, and trade with other balance (if you still have money). If not, just hold or try to convert into btc and hold. As Bitcoin is our everything and solution to all bad  Cheesy Hold Bitcoin and you might end with zero loss or will decrease losses a bit.

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January 11, 2022, 05:07:51 PM
 #177

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
My question is after the loss have you gone back to update your strategy or do you plan on approaching the market with the same analysis you used that made you lose your funds. Losing funds is part of the business but to balance your wallet you must have a consistent reading ability. Quiting trading is like giving up on a career. If you must return back to trading please do well to go back to your analysis and find out why it failed or check if you were greedy enough to cause the loss
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January 11, 2022, 07:20:11 PM
 #178

It depends upon the person strategies how he is doing and how someone is applying his strategies and what ways the trader use for its trading? As everyone is quite familiar with the way he trade and buying the coins on the right time and selling of them requires a proper mindset as well as proper planning for covering yourself after loss.

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jaberwock
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January 11, 2022, 09:16:09 PM
 #179

My question is after the loss have you gone back to update your strategy or do you plan on approaching the market with the same analysis you used that made you lose your funds. Losing funds is part of the business but to balance your wallet you must have a consistent reading ability. Quiting trading is like giving up on a career.
Some people will never understand the importance of time and energy which is the reason they easily decide about switching over to new career. Instead of quitting trades, they should focus on updating their strategy so that they could still get chance to recover the losses and then to become a successful trader. I agree with your points because in my opinion as well starting a new career definitely will be a more challenging rather than improving our trading skills after a loss.

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January 12, 2022, 06:20:41 AM
 #180

When an order buy or sell a stock once the price of the stock reached a specified price, also known as the stop price. when the stop price reached then a stop order become a market order.
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