Stop or continue trading

[BIN-BIN]

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.

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[mk4]

Totally up to you. But let me ask you, do you think you actually made progress in learning about trading after your loss? Because if you learned nothing, then you're probably doing things wrong. On the other hand, if you think you made progress, then you should at least be slightly better the next time you trade.

[OcTradism]

I have lost all my capital to trading but still yet I feel the urge to trade more

A big and important question: Do you learn anything from your big loss?

If you did not learn anything from it, did not spend a couple of days, weeks to think of it, you will lose more when you continue your trading.

I spent a huge capital to trade some new coins recently and was actively involved in spot trading.

Spot trading, good enough because you did not involve in leverage or future trading. However, how did you lose? Did you buy peak sell bottom or did you fomo too much when buying and over panic when selling? The market is a zero-sum game so your capital will flow to others if you make bad decisions.

You made bad approach by using all capital for trading. Most of traders lose money so saying goes like this, don't use all capital for trading. It is safest if you use 10% of your capital for trading. If you lose it all, you will lose only 10% of your capital.

But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Only if you can get real lesson from your loss and know how to correct it.

[jackg]

If you do decide to go back to trading, use less risk.

Don't put everything into one trade, put less than 10% in and if you're still learning or overconfident - go even lower than that, you can do 1% and still make decent profits without much risk if you lose it - but don't use that as an excuse to spam trade.

[BitcoinAccepted]

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.

I supposed you were trading with leverage that's why your capital are lost? I think you should restudy trading and read books regarding about it as far as I know you are supposed to trade only 1%-5% of your total capital. Also, I think there is a problem with you it's like gambling urging to initiate again on something after you receive a damage.

[cheezcarls]

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.

Look man I know how it feels to lose all of your capital in trading. I’ve been there. Made bad trading decisions and eventually at a loss in the end. Yes we all need to take a break for once in a while, and try to reflect if trading is for you or not.

Trading isn’t for everyone. This is only suitable for those who are strong enough to take risks and never regret even if they lose their money. It’s because when we put any amount there, we should treat it as dead money and make sure that you always learn how to manage your risks and be financially stable as well.

For me, day trading is kinda “stressful” than just simply buy and hold for long.

[Peanutswar]

It depends on you because it's just an initial investment into trading you gain your capital but did you learn something if yes it serves as a lesson to you and analyzes whats wrong whats your mistake, if no I guess you need to take a break first and deepen your understanding it because it's not good if you make a trade every time but you didn't get a good out come also to avoid liquidation set a take profit and stop loss its ideal to use.

[Wexnident]

Few prerequisites to continuing. Do you still have enough to start a new capital? Do you think you learned something from your past trades? And are you again ready to lose all your money in the trades you would do? And other than those questions, it's really up to you whether you want to continue trading or not. As you've probably experienced, trading is quite a stressful thing that doesn't necessarily reward you all the time. So it's up to you, then if it is, ask those questions, and if it's still okay then go trade. It's your choice, your capital anyway.

[Jawhead999]

I don't understand why you use new coins for trading? IMO when you buy a new coins, you're expecting pump x10 and above due to hype or you could staking to earn more coins without trading. It's useless if your trading is successful, but your coins value dropped hard.

My suggestion stop trading with new coins, better to choose more known altcoins, at least it's a bit safer for the coins value.

[blockman]

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.

How much was that all capital that you've lost? If it's just a couple of hundreds then you can still proceed if that amount is bearable to you. But if that amount is thousands and you think that it's already a lot. You can still try to recover it but with a little by little strategy.
So, if ever you lose again, you're not going to have that much loss as that's what you're trying to avoid.

[bittraffic]

Totally up to you. But let me ask you, do you think you actually made progress in learning about trading after your loss? Because if you learned nothing, then you're probably doing things wrong. On the other hand, if you think you made progress, then you should at least be slightly better the next time you trade.

Its a matter of courage to get up again and trade and this time if he indeed learn from the past then he is not trading as newbie but somehow has experience in it.

But if he just trade again without learning from the past experience then its probably just as gambling in a game base on luck. The more he loses even when he is just in the spot market trying to accumulate.

[Nahl]

Quit or not it's up to you but if you feel want to comeback then make your lost as your reference for next trading because I'm sure you don't want to loss anymore and don't take you risk again by spot trading on new coins because it's totally risky especially the coins which have low volume of support and also the market still bearish still hard to get decent profit from it

[Oshosondy]

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.

That is trading, some people can be addicted, trade more, lose and trade more to lose the more. I will advice you to stop trading for now to build a quality mindset. First learn more about trading, it is very risky, learn more in a way to avoid losses and gain more than losing. Stop trading entirely for now or you may lose more until you lose all your money.

[Tellek Garing]

You points are confusing trading new coin what do you mean by that, well trading have to do with technicalities and once you lack the technique then you can not make any profits in trading.
Going forward I will advise you develop a formula to follow in that way you don't just rely on luck.

[Ararbermas]

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.

you're already in it so must continue mate. Never give up!. you lose because it means you still lack of knowledge how you can succeed in it..learn more and stick which very effective strategies wherein never look for an easy way to get more profits because it's not existing when it comes trading so you must have patience as well.. Always backtest your strategy so that you will become comfortable every time.. Leason learn from your mistakes because it's part of the game and indeed no one can skip such experience. So i suggest always educate your self to have an improvement.

[Hobo66]

Trading provides a very distinctive methods through which people frequently make capitals as due to corona pandemic everyone is in hope to explore the good job but they do not find it. Trading is the only way by which humans can earn their income and can easily attain their daily necessitate so there will no person which will desire to stop trading because it is a great technique of making capital.

[xSkylarx]

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.

I'm not saying that putting money into an account and starting trading is a bad idea. Others learn from hard mistakes, such as losing everything, as you have, but this is just a piece of advice: don't deposit any money yet; instead, practice your strategy and improve it so that you have a better chance of winning a trade. Also, don't give up if you want to trade; we start at the bottom and work our way up. I have a lot of friends who are casual traders or day traders because they have jobs. They lose a lot of money, but they keep going because your winning trades outnumber your losing trades over time.

[Mamun74]

I think, It's totally depends on you. Every mistakes or loses Learn with better things. Do you learn you big loses?If you better learn Then yoi don't leave with trading. You should most valuable and choose good coin for trading. When you start trading Then need patience and control Your emotion.i Think you should back to trading.

[ReiMomo]

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.

This happens with all traders. Loosing is part of the journey in trading. Only the thing is when you invest next time, you use your experience. You might know where you have gone wrong. So mainly do not repeat it. Be patient and analyze the market and the right coin to invest in. Kindly do not borrow and invest. Just its ok to even invest a hundred dollar and slowly grow with it. But do not quite. Learn from your mistakes. Move on.

[palle11]

But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

This is important to you. A break is a time you give to yourself to evaluate how you have traded (your strategy), how you have made profit the times that you did, how you have made losses. If you have asked yourself this question and answered it then I will ask you this:

How do you manage your risk appetite?

Do you use stoploss when you are trading?

Do you rush into any opportunity looking good to you without proper analysis?

Some of these questions may be the reason for trader's losses, so do a proper evaluation and you can begin with demo account to practice more and build confidence. When going live again, trade with small capital.