Stop Trading

[DaMut]

No trader wins all the time but your wins have to be more than your loses. anyone who has established him/herself in trading will know what to do when loses comes. if it appears like you are gambling you can put somethings into checks,  however you wont totally stop because of losses because you will lose whether you like it or not. for someone that is testing out a strategy or a newbie trader you will have to experience some loses on the way to perfect your strategy. after trying all things and  if it seems like its not working for you then you try other things maybe like using a bot or just investment.

[Quidat]

No trader wins all the time but your wins have to be more than your loses. anyone who has established him/herself in trading will know what to do when loses comes. if it appears like you are gambling you can put somethings into checks,  however you wont totally stop because of losses because you will lose whether you like it or not. for someone that is testing out a strategy or a newbie trader you will have to experience some loses on the way to perfect your strategy. after trying all things and  if it seems like its not working for you then you try other things maybe like using a bot or just investment.

This is what should really be on your priority on which you should really be needing to focus on having in greens or profits despite of those losses on which you could really see that you arent wasting up your time on the thing that you are dealing with specially on trading. You should set goals and targets and this is where risk management would really differ because not all would really be that confident on what they are doing and this what make them hesitate on taking up decisions which neither they could really be putting up themselves on possible earning or gain but of course risks is there on losing too.So it would really be neither be that a loss or gain and this is something that would really be varying.

The importance here is that you should really be that wary in regarding your actions.If you do see that you are already experiencing that consecutive lossing trades then always trying out to reassess
whether you are already that negative or still positive. It all matters about risks tolerance and if you do find yourself that you could still go on then go ahead but if you do see that you would
be needing to have some pause and go back to the drawing board then you must do it. It would really be just depending on how you do deal with it.

[lalabotax]

It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being. Stated below are some essential things you need to look out for once you noticed them please stay off the market.

And if we feel it and admit it in conditions like that, then it is indeed wiser to stop trading. In this case, you can stop trading for a certain period of time. Each person may have a different strategy. However, forcing you to continue trading while the conditions are very difficult and you keep losing is something that is too much pressure on yourself. Therefore, I quite agree with the OP's explanation above. that there is no harm in trading tips if it can make things much better. We can think more clearly to organize and manage our trading and emotional strategies.

[AmoreJaz]

It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being. Stated below are some essential things you need to look out for once you noticed them please stay off the market.

And if we feel it and admit it in conditions like that, then it is indeed wiser to stop trading. In this case, you can stop trading for a certain period of time. Each person may have a different strategy. However, forcing you to continue trading while the conditions are very difficult and you keep losing is something that is too much pressure on yourself. Therefore, I quite agree with the OP's explanation above. that there is no harm in trading tips if it can make things much better. We can think more clearly to organize and manage our trading and emotional strategies.

trading is not for all crypto users. it depends on how well you have the grasp of doing this tedious activity. i say tedious because it is no easy task to dedicate yourself in this activity.
it would take years and years to learn those strategies and tricks to do well in trading. yes, there are known TAs, however, when it comes to actual trading, what you need is the information about the particular coin you are trading with.

[kingvirtus09]

When you enter trading here in crypto, you must really have knowledge; it is not possible to know only a little if you want to earn well in the crypto business. Because adequate knowledge will dictate to us whether we should stop or continue trading.

Not every time we will base it on what others say about it; of course, we must also have our own understanding of it so that we can also correctly analyze the activities we are doing here.

[Natsuu]

When the market does not favor what you want to happen in trading based on your analysis, it indicates you do not have to force yourself to trade that day. You may be dealing with the risk and volatility of the coin or bitcoin you are trading.

It is also required since, as an independent trader in the crypto world, you must be responsive to market action. That's accurate, there will be periods when we will make money and times when we will not be able to make as much.

This is exactly what smart trading is. Because day trading is not everyday trading. As a discretionary trader, all of your analysis would be based upon your own opinion and understanding of the market. You come up with your own idea of how to trade an instrument or any coin. And with those trade ideas, you are also setting probabilities and expectations for the days that will come.

When your initial idea for a specific day is unlikely to pan out, then there's no point waiting for an entry, is it? So instead you put yourself in an spectator monde, not risk any real money, or just investigate and forward test your strategy. Because not losing any money is preserving your capital and that is a W.

[TakeItEasy]

3) When Emotionally Unstable

Are you angered, troubled, disturbed, or even excited etc. At that point don't engage the market. 

If you are emotional then don't participate in trading because that time you are unable to use strategies and to make profitable commitment. Trading is fraught with danger and if you make commitment emotionally then it become waste of your time and money.

If you think that market is not good then forget your losses for some time because this habit of forgetting will be a cause of avoidance from future full of regression. It is not necessary that if you are trading then you cannot leave it but its up to you that when you think that is is profitable for you then continue it and if you find it good to get benefit then leave it for sometimes.

[Viscore]

Trading needs a long preparation not only when it comes to your funds but a big part of you should also be committed enough to take its risk and handle it with caution. Otherwise, if you trade for short term goal, you will never be satisfied completely but if you have set long term goals for trading, initial losses should not bother you because in the end, you will gain satisfying profits that only long term trading is able to give you.

[TakeItEasy]

I agree with some of your points but I think every point you make is psychologically related.  Before trading you must have enough knowledge about it.  Although trading depends on the market, I think a skilled trader can anticipate the market.  And if someone is unskilled in it, his chances of loss are very high. If one sees losing his money then it is a bit difficult to control the emotions.  You are right that if someone is mentally disturbed, he should not come to trading, but in my opinion, if you are mentally disturbed, neither trading nor any work is good.  And if someone is financially weak, then he should think about it.

In Trading,  controlling emotion is quite important,  unless someone is not going to control his emotions,  he will be in stress which is not good for his health,  and I can say a good health comes first,  after than one can earn money. And also,  trading strategies should be helpful in all aspects for an individual. Sometimes when someone make a small trade and he got some profit. I think it will overcome his stress if he had losses some money before. So it should be also a good thing. In both ways,  I can say trading works,  sometimes in bad ways or sometimes in helping situation. One should be ready in both situations,  then only he will go ahead.

[knowngunman]

Trading needs a long preparation not only when it comes to your funds but a big part of you should also be committed enough to take its risk and handle it with caution. Otherwise, if you trade for short term goal, you will never be satisfied completely but if you have set long term goals for trading, initial losses should not bother you because in the end, you will gain satisfying profits that only long term trading is able to give you.

Initial losses some time contribute to failure in trading if it is beyond expectations. As a beginner, even if you have long time goals and you experience series of initial losses, you might feel discouraged in the whole process and system. It's normal to experience losses in the process even as an expert but when it becomes too much, it bothers traders and affect them psychologically. Trade require lots of patient and commitment after you have already acquired the skills to achieve the desire goals be it short term or long term goals. It's not longer news that trading is highly risk and those who can not tolerate the risk should stay off to avoid emotional damage and lose of funds.

[stomachgrowls]

1) Series of Losing Trade
3) When Emotionally Unstable

If you are  really that experiencing this shit, then better stop and having a pause on what you are doing. Trying out to reassess the situation specially of that consecutive losses on which we know that
it is really that something that should be cut and then thinking on where you do go wrong and this is something that a must thing to be done. Next, would really be that emotionally unstable which
on the time that you are on this situation or condition then its better to stop completely and make yourself having some pause or break on what you are doing. Unstable emotion could
cause bad decisions on which it is something that must avoided.

Clear up with those boggling things deep inside you because if you do trade on such condition then you would be basically be that putting yourself on danger because
you cant really be able to assess the market condition carefully or on the right way specially if you are really under the influence of emotional unstability.

[Renampun]

No trader wins all the time but your wins have to be more than your loses. anyone who has established him/herself in trading will know what to do when loses comes. if it appears like you are gambling you can put somethings into checks,  however you wont totally stop because of losses because you will lose whether you like it or not. for someone that is testing out a strategy or a newbie trader you will have to experience some loses on the way to perfect your strategy. after trying all things and  if it seems like its not working for you then you try other things maybe like using a bot or just investment.

I agree that not all traders win 100%, but using trading bots will only make you master nothing. Remember in trading, mastering basic skills is something that is highly recommended, then analytical and technical skills. There are many trading strategies that can be used but not all of them will work well for you, if you lose then that is still normal but if your loss is bigger than your win then you have to introspect yourself, of course there is something wrong with the strategy you are using and also the accuracy of your decision making.

[Abu-Naim]

No trader wins all the time but your wins have to be more than your loses. anyone who has established him/herself in trading will know what to do when loses comes.

For sure, losing in trading is just something that is natural, whether a trader likes it or not. They must record it unless they don’t trade again. However, as a trader, you need to be observing how your strategy is favourable to you. If it’s not helping you as it’s supposed to, or maybe the strategy you used loses more than you win, then you definitely need to switch because it is not funny to lose all the time when you are running a business like this.

if it appears like you are gambling you can put somethings into checks,  however you wont totally stop because of losses because you will lose whether you like it or not. for someone that is testing out a strategy or a newbie trader you will have to experience some loses on the way to perfect your strategy. after trying all things and  if it seems like its not working for you then you try other things maybe like using a bot or just investment.

Using a bot will not help. I will prefer this investment. You mention that if trading doesn’t work for you and you have the wish to switch to investment, then fine, you can do so, but using Bot because you always record losses in trading is not advisable in my opinion because when someone is recording losses, that definitely means such trade still lacks some knowledge about trading, and someone who lacks knowledge of trading will still continue to lose even with the bot, because even the bot cannot be operated and work normally without the knowledge.

[kawetsriyanto]

1) Series of Losing Trade
If you noticed that the losses you had are more in a series of trade you took then take a break. If you proceed you will start doing revenge trading and lose out. A break will help you re-evaluate yourself and maintain psychological and emotion balance.

Indeed. If we experienced more losses than earning profits, it means our strategy isn't effective or isn't suitable. We must take a break first while considering a new strategy to apply. We need to take a breath first, don't force to keep trading because we need a new motivation. Get a series of losses must drop our motivation very much.

3) When Emotionally Unstable
Are you angered, troubled, disturbed, or even excited etc. At that point don't engage the market.

Trading with unstable emotional will lead to instant losses. It is because we may easily do panic selling or panic buying. When we buy/sell in hurry, it is a big chance to lead to severe losses.

6) Financial Pressure
Don't put your financial burden on the market if not you will have yourself to blame. What is good is that you make a term plan and stick to it. Be gradual and moderate in your pursue of profit.

Agree. We don't force ourselves to trade if we have a difficult situation with our financial. It is better to prioritize the main necessities first, trading isn't a part of main necessities. Just consider to trade when there is a safe money for trading. We must know that there is no guarantee for profits in trading. We will get a worse situation in our financial if we force to trade and experience losses.

[lixer]

it doesn't matter if it stops. But did you know that crypto trading or other risky trading has high fluctuating prices so it can be used to make profits quickly. This is the advantage, I think there is no need to think about the risks, how can we really know before trying it, right?

There is obviously a need to think about the risks involved with trading, otherwise, how would someone act wisely if they feel that there are no risks at all in trading? When a trader understands that if they don't understand everything well before making a trade they might lose money, they will probably focus more on learning than being in a hurry to get some profits which is mostly the case with new traders as they have a misconception that it's easy to earn money through trading.

That's why, one needs to understand the risks and then act accordingly so that they don't lose money and so that they can play it safe where they can instead of getting greedy and looking for higher profits while becoming more vulnerable to losses which can make them disappointed for sure.

[MarvieJ]

When the market does not favor what you want to happen in trading based on your analysis, it indicates you do not have to force yourself to trade that day. You may be dealing with the risk and volatility of the coin or bitcoin you are trading.

It is also required since, as an independent trader in the crypto world, you must be responsive to market action. That's accurate, there will be periods when we will make money and times when we will not be able to make as much.

I know alot of times have literally forced myself into the market, those are nightmares I wouldn’t even want to remember lol. Good gracious I learnt alot from those experiences. While most times I have a problem balancing my portfolio, but it’s all good just trying out a “smart portfolio” tech I just found

[JohnBitCo]

It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being. Stated below are some essential things you need to look out for once you noticed them please stay off the market.

1) Series of Losing Trade

 If you noticed that the losses you had are more in a series of trade you took then take a break. If you proceed you will start doing revenge trading and lose out. A break will help you re-evaluate yourself and maintain psychological and emotion balance.

2) Market is Consolidating

Surely there is no direction in the Market once it is consolidating. This will waste your time and make you make irrational decisions.

3) When Emotionally Unstable

Are you angered, troubled, disturbed, or even excited etc. At that point don't engage the market.

4) Market Conditions are not Favourable

Every technical Analyst knows when things are unfavourable. The skill of spotting unfavorably conditions in the market is gotten by practice and study. If you are a technical analyst and you don't know please try and develop yourself.

5) When your set-up is not established

You know your pattern of trade and your set up more than I do. Once this set up has not been confirmed or has past don't trade. Don't help the market.

6) Financial Pressure

Don't put your financial burden on the market if not you will have yourself to blame. What is good is that you make a term plan and stick to it. Be gradual and moderate in your pursue of profit.

7) Series of Successes

This is difficult as one success makes you want to go on and on. Know that with series of successful trade especially in a season comes with over confidence which will make you not pay attention to your rules to effectively execute trade .

NOTE: These are not rules but advise that will advance you and make you profitable.

Do well to write what your intake is on the subject of discussed.

Trading is the best way to make money so why do you stop trading? You said that you picked a loss, In trading if you didn't pick a loss then you cannot say that I am a trader. I know that some financial problems are held but in every field, you have financial problems.

Trading is the best. I learned many things from trading.

[xzy887]

I will never rush to trade again. A few days ago I got very tired of being so rushed and excited. I thought bitcoin would pump much higher. But that's not the case anymore, bitcoin was just slowly going down. I was a short trader then. I was sitting because of some profit.But due to the rise of bitcoin, I suffered a lot of losses. And in the excitement of fulfilling that, I waited for a few more days and at the last moment I lost everything and returned home. So I think when the market conditions are bad, short traders like me should walk away and stop the trade.

[Bananington]

It is not a must to take every trade and it is not a must to trade. Have you experience difficulty in the Financial Market or disappointment that affected your well being.

Just as a skillful soccer player knows when to run with the ball and when just to hold the ball, a skillful trader should know that there is no need to always trade, and the need to know when to trade, and when to just observe the market. knowing that can also help to improve the profit they make by reducing the losses they can make by trading at wrong times.

Another time to avoid trading is during holidays.

[kojektea]

this is not as easy as saying. it's good to provide a solution for that. Technological progress cannot be stopped, even saying this is wrong. unless it can be completely destroyed without any remains. I understand that many people spend their assets here. but many people are also helped by trading. so it's still a balance, everything seems to have its pros and cons.