Stop Trading

[Quidat]

You know, you will definitely know that it’s time to stop trading when your losses have outnumbered your winnings. Trading is not like gambling that you are always bound to lose, but it can even give you bigger chances of making you in profits especially if you have the knowledge and skills to trade. But not everyone is as good as the other. Some traders are experiencing the best of their trades, while others are living miserably with trading. If you are feeling like trading is not helping you at all, then better leave trading for good while your losses are still in controlled.

In trading, it's important to have different strategies and constantly improve the existing ones that we are using because the market is changing from time to time. Trading is not like gambling where we can experience a fun. There is a thrill but I think trading is like a career which goal is to give us a profit. If it doesn't work this way, we need to quit on it before we lose more money. I only like to look back on what you have said earlier about gambling.

If you see gambling as a way to make a profit, chances are that you will mostly lose huge amounts of money. Gambling is not like that, and it's not built only for us to lose because in exchange of the money that we spend, we get entertainment.

Would really be a continuous learning on which these mistakes would really be acting like a stepping stone for you to make yourself more that better because it would really be making yourself wary on your next move and since you do already have the idea on what you are doing due to those possible similar experience which you do already have the idea on how to deal from it.
Stopping on trading will really be just that very suggestable on the time that you are having that kind of emotion problems on which you do find out that you cant think up that well anymore
or really that boggled on what you are dealing with on which there are really moments or times that you cant understand a thing.

Just like on gambling on which on the time that you do see that you are experiencing consecutive loss then it would be always ideal that you should really call it a day or simply stopping.
There's no way that it could really be that ending up on a good situation if you do keep pushing on the time that things turns out to be messy on which there are
indeed moments to be like this and needed up to avoid and its not bad to take up some break.

[DVlog]

Op theirs something I will you to understand concerning trading, basically trading is all about your determination and it's also like that in bitcoin investment, because whosoever that investment in bitcoin have it in mind that either they make profit during the process or they invest without gaining profits.

Someone who is a trader knows the risks that is involve in trading, one thing about trading is that is not something someone can force you to venture into, it a personal decision or intension of someone to involve in trading, and before you join a trading you know quite well that it deals with skill and you have to learn very well before you risk your money in trading.

Trading is not all about determination only. Its about patience, courage to take risks when opportunities arrive, identify investment potential, admit and learn from mistake etc too. Its a mix of many things and a combination of all this can make you a professional trader. Trading is like a business where you take risks with your investment. Your business needs your dedication and hard work to grow.

[Natalim]

The only thing that I can say is to Stop Trading if it never works for you. We can't simply assume that if some people become successful in trading, we can also be successful as well because we are not the same - our thinking and decision making is pretty different whether we like it or not. That is why even we use his strategies and ask his advice but when doing it alone, the results are truly different and that is because we differ in making decisions, especially in a crucial time.

[terrific]

The only thing that I can say is to Stop Trading if it never works for you.

I agree.
There are aspiring traders that think that it is for them but it's just not. They try hard and despite the losses they get, they're still hanging on and trying their best to stay.
But a time will come that they will realize that trading isn't for everybody. It could be for the other successful folks that they see and trades like a beast but if it's not for them, it's best not to say on it and try something more significant to your hobbies and along with your self interest other than trading.

[Tolino]

How to never lose trading high stakes:

When balance goes up = I am a genius.
When balance goes down = Market is wrong.

[AicecreaME]

I agree to all of what you've said, especially about when the market is not favourable to trade.

Most of newbies force themselves to make a profit even though the market is complicated to analyze, leading to a series of lose trades and emotional damage. That's where everything will become uncontrollable because of too much going on with a trader's mind. This is when trading randomly starts without any technical analysis involve, just a random trade to chase losses that will only lead to more losses and devastating experience because of lack of plan and self-control.

[Traderbtcc]

You know, there's this saying that goes, "Not trading is also trading." Taking breaks and knowing when to stop is just as important as actively trading. Trading psychology is often overlooked, but it plays a big role in being profitable. The factors you mentioned are all part of the psychological aspect of trading, and it's crucial to avoid trading under those circumstances. A losing streak can really mess with your mindset, so taking a break allows you to analyze your strategy, correct mistakes, and regain confidence in your trades.

[bettercrypto]

If I base it on the title made by OP, it's simple: if you can't get profit from trading, it means stop; don't force yourself to trade. Besides that, it's like you don't have common sense and don't notice that your tactics are not effective.

As traders, we must learn something from our actual experience, whether it is good or bad, about what we faced in trading. It's very simple: if we are repeatedly not making money in trading, we should change the tactics we use in our trading activity.

[taufik123]

-snip-
It's very simple: if we are repeatedly not making money in trading, we should change the tactics we use in our trading activity.

Basic trading knowledge is necessary, sometimes they just want the benefits but are too lazy to learn how trading can work and can provide profits.

Usually, they are influenced by some influencer ads that look easy to trade.
Buying and then getting big profits.
But it's not that easy, it takes analysis and some strategies to be able to get consistent profits.

Indeed, there are some people who do trading to get a decent profit without good trading knowledge.
It's certainly just luck, but luck doesn't keep coming.

[Poker Player]

If I base it on the title made by OP, it's simple: if you can't get profit from trading, it means stop; don't force yourself to trade.

Yeah, well, there are those who are hooked on it just like those who are hooked on gambling. In fact, day trading and gambling have a similarity, with the difference that some day traders make money but in terms of problematic behavior the rush that gives you the next rise or fall of the market is similar to the rush of the next bet.

Short-term trading is not for everyone, you have to have a lot of knowledge and dedication and enough emotional control not to be one of the great majority that lose money.

[Litzki1990]

A trader has to think about all aspects of trading. If a trader is regularly losing in trading then he must understand that there is something wrong in his trading strategy due to which he is not able to succeed in trading. Where there are mistakes in his trading strategy must find those mistakes and work on those mistakes. Professional traders who have no anger emotion or pride in their work will only try to work through their skills. Emotions anger is not business with these, to be successful in business you need to have understanding of business you don't have anger or emotions. Risks must be taken but in the right coin, one must be patient and not invest in the wrong place.

Well said. Strategy in trading is built with in time and you must have back tested it to be sure of its working ability. The thing is that we are much in a haste that we are not observant of what is going on in the market. Professional traders have learnt with experience not to panic and to stay put with there analysis. Study the instrument, study the coin, study the chart, know the right strategy to adopt.

An experienced trader sees trading as difficult as a new trader sees trading as easy and this is the big problem. Trading is never easy, there is a lot to know about trading, a lot to learn, a lot to observe. Those of us who think we will buy coins with dollars and sell them when the price rises a little are wrong. Trading is not so easy. An experienced skilled trader observes the volatility of the market by observing candlesticks and closely observes the market chart, after observing so much a trader decides to trade. Experienced and skilled traders trade with so much thought, they lose very little time by trading, but we who are new traders who do not believe in learning about the market, those traders lose money by trading.

[xzy887]

The only thing that I can say is to Stop Trading if it never works for you. We can't simply assume that if some people become successful in trading, we can also be successful as well because we are not the same - our thinking and decision making is pretty different whether we like it or not. That is why even we use his strategies and ask his advice but when doing it alone, the results are truly different and that is because we differ in making decisions, especially in a crucial time.

You are right. But they don't want to understand this little thing. Everyone has his own strategy in trading. They first come here after hearing a story of profit in trading from someone, but without understanding anything themselves, they invest to become rich very quickly. Later, when the market goes down, they can no longer be found. Their general knowledge is very low. They don't want to accept that money cannot be earned from any job without hard work. It is very difficult to understand them.

[Natsuu]

You know, there's this saying that goes, "Not trading is also trading." Taking breaks and knowing when to stop is just as important as actively trading. Trading psychology is often overlooked, but it plays a big role in being profitable. The factors you mentioned are all part of the psychological aspect of trading, and it's crucial to avoid trading under those circumstances. A losing streak can really mess with your mindset, so taking a break allows you to analyze your strategy, correct mistakes, and regain confidence in your trades.

Right. The perfect term would be pause from trading tho that is exactly how OP explained. It would he a regret to ultimately stop. By taking a break, we can analyze what went wrong, identify patterns and refine our approach without the pressure of trading again. We have to do something different the next time maybe. When we acknowledge the necessity to pause so we can make rational decisions and avoid common pitfalls, I think traders will have better chances of long-term success.

[Yamifoud]

You know, there's this saying that goes, "Not trading is also trading." Taking breaks and knowing when to stop is just as important as actively trading. Trading psychology is often overlooked, but it plays a big role in being profitable. The factors you mentioned are all part of the psychological aspect of trading, and it's crucial to avoid trading under those circumstances. A losing streak can really mess with your mindset, so taking a break allows you to analyze your strategy, correct mistakes, and regain confidence in your trades.

Right. The perfect term would be pause from trading tho that is exactly how OP explained. It would he a regret to ultimately stop. By taking a break, we can analyze what went wrong, identify patterns and refine our approach without the pressure of trading again. We have to do something different the next time maybe. When we acknowledge the necessity to pause so we can make rational decisions and avoid common pitfalls, I think traders will have better chances of long-term success.

I don't think it was regretting but it was regrettable if we pursued trading which only losses are what we get.
We know how to stop our journey. Maybe we could start again but in the meantime, while are correcting our mistakes and making some improvements, we'd rather take a break for a while. In fact, I did this before just to picture out where I did wrong and what is the best I should have done. That is how important to recall our past trader in order to see the error that can be corrected so it won't happen again or to avoid big losses.

[stomachgrowls]

You know, there's this saying that goes, "Not trading is also trading." Taking breaks and knowing when to stop is just as important as actively trading. Trading psychology is often overlooked, but it plays a big role in being profitable. The factors you mentioned are all part of the psychological aspect of trading, and it's crucial to avoid trading under those circumstances. A losing streak can really mess with your mindset, so taking a break allows you to analyze your strategy, correct mistakes, and regain confidence in your trades.

Right. The perfect term would be pause from trading tho that is exactly how OP explained. It would he a regret to ultimately stop. By taking a break, we can analyze what went wrong, identify patterns and refine our approach without the pressure of trading again. We have to do something different the next time maybe. When we acknowledge the necessity to pause so we can make rational decisions and avoid common pitfalls, I think traders will have better chances of long-term success.

I don't think it was regretting but it was regrettable if we pursued trading which only losses are what we get.
We know how to stop our journey. Maybe we could start again but in the meantime, while are correcting our mistakes and making some improvements, we'd rather take a break for a while. In fact, I did this before just to picture out where I did wrong and what is the best I should have done. That is how important to recall our past trader in order to see the error that can be corrected so it won't happen again or to avoid big losses.

We should really be that wary that losing is really that indeed inevitable on which having that kind of acceptance which it wont really be making you that impulsive or making yourself that desperate on the time that you do able to encounter it. This is why it would really be that wise that you should really know on when to stop or having a break rather than on forcing yourself on correcting things or trying to chase up those losses and trying to breakeven because on the time that you would really be doing such thing where desperation and emotions been mixed up. Then this is where mistakes do really result or making things or situations come more worst.
There are really indeed times which you would really be needing to stop and calling at a day.

Just like on what majority of people been telling and saying on here that there's no such thing as perfect trader on which you do have that 100% winning trade. All of us are speculators on here
on which it would really be normal that there would be trades which are losing and which are profitable it do really varies on how we do handle out ourselves in regarding into our trading career.
We cant really be perfect but doesnt mean that we would really be able to make ourselves wont really be making those common approach and analysis towards market.
It is time consuming and needs effort but we dont have no choice if we do really like to sustain out.

[Awaklara]

Just like on what majority of people been telling and saying on here that there's no such thing as perfect trader on which you do have that 100% winning trade. All of us are speculators on here

every trader should have thought about and realized all that. we can analyze but the results are not necessarily 100% correct. we can only minimize the risks we might accept and increase the chances of winning.
we have to know when we exit and when we continue trading. More traders who are too ambitious to chase their losses are those who may be used to gambling and consider trading to be part of gambling.

[TakeItEasy]

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 .

As the more person trade, the more they learns whether they lose they also learn, and whether he wins he also get some knowledge. As learning in trading is very important, one can learn something from his experience. Learning before trading requires a lot of time we can get some positive trade and a little bit of profit.

A person who is going to lose again and again must have a problem at some point for example the next time he should change his trading strategy and after that the next time he should change his trade. This is what means if a person wants that he will be successful every time and he will make profit in every trade then I think it is bad thinking of a person and it will not give him anything unless a burden on his mind. It would be better to always look for a better option instead of thinking about the past.

[topbitcoin]

Just like on what majority of people been telling and saying on here that there's no such thing as perfect trader on which you do have that 100% winning trade. All of us are speculators on here

every trader should have thought about and realized all that. we can analyze but the results are not necessarily 100% correct. we can only minimize the risks we might accept and increase the chances of winning.
we have to know when we exit and when we continue trading. More traders who are too ambitious to chase their losses are those who may be used to gambling and consider trading to be part of gambling.

So it is important here to pay attention to what the op said and make it one of the warnings for us not to go beyond the limit and instead make us lose more and more as a result of teaching endless losses.
No trader can have a 100% profitable trading history in every trade he makes, it is impossible, even if a trading legend can experience fatal mistakes in the trades they make and make him lose at that particular time.

Yes the analysis we make is only intended to increase the possibility and reduce the risk of loss, basically also the analysis we make is not necessarily correct but we follow the tools that can allow greater opportunities on market movements.

To complement what you said, we need to have time management so that we know when to enter and exit, also we must have SL / TP limits for the trades we make so that the risk on the trade we can minimize, and yes do not chase defeat nor feel satisfied when getting profit, it is a gambler's mentality and it is dangerous.

[Belarge]

The only thing that I can say is to Stop Trading if it never works for you. We can't simply assume that if some people become successful in trading, we can also be successful as well because we are not the same - our thinking and decision making is pretty different whether we like it or not. That is why even we use his strategies and ask his advice but when doing it alone, the results are truly different and that is because we differ in making decisions, especially in a crucial time.

Trading is risky and not for everyone. What works for Mr A might not work for Mr B, why? Because they're both different species who have the same goal but different trading strategies and critical thinking towards the market. There are always backup alternatives in cases were the primary plans failed, no time to start wondering and laying blames other than just sticking and exploring another plan ASAP. As for me, I'm in the space to accumulate the little earnings till I grow up to high standards of aiming at hugh earnings which will take me to balance levels in the trading space.

[BitcoinTurk]

Absolutely, every factor mentioned in the topic is actually important factors about when to stop away from trading. It is very important for mental health to take a break from trading for a while especially in case of consecutive gains, losses or financial difficulties. Additionally, although cryptocurrency markets are open for weekend it is very important not to trade in such situations depending on market conditions either when market conditions are bad or because the transaction volume is low on the weekend. However, when we examine all these factors, it is always necessary to remember that the most important factor among them is;

3) When Emotionally Unstable

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

It is actually quite difficult to control one's emotions while trading because while the psychology of gain triggers the person to trade more and ambitiously, the psychology of loss causes more transactions to be made in order to compensate for the losses and the amount of loss to increase due to more mistakes is happening. For this reason, although it is a difficult thing, it is very important for a person to learn to control their own emotions especially when trading.