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Blackie@5 (OP)
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February 20, 2024, 03:51:29 PM
 #1

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
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February 20, 2024, 04:34:36 PM
 #2

There are many risks involved in trading.  Someone is making a lot of profit today as a result of the market falling tomorrow.  Trading is not guaranteed.  And if you invest in meme coin, shit coin, then you have the possibility of losing everything.  Many times people lose everything by succumbing to greed.  In the greed of getting profit, he starts trading again and again, then all the original profit is lost.  Trading should be done very prudently.  After knowing well about trading and becoming skilled, you should trade and then you can earn the profit even you face loss.

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February 20, 2024, 05:04:14 PM
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How is it  that possible that someone can lost in Trading when he or she is making huge profit?

Well as you are saying he/she is making a lot of profit how will they can have lose? Dear in the space of cryptocurrency, each step matters by the traders. let's assume as you said he/she is making a lot of profit right? In any case that specific trader fell prey to greed which is the worst foe of humans and started to take over trade which is a bad habit so these kinds of actions can destroy traders portfolios.

After all that, there are a lot of aspects crypto user have to keep in mind if they have big portfolio which includes they should not click any of the useless links these links can be phishing links and they should not download any kind of open source software/Application into their device. Security also matters here in crypto space so always try to store your secret phrase in a private space so that no one can access it easily. You need to keep secure yourself at your own end your one wrong step can lead you to zero.

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February 20, 2024, 05:11:47 PM
 #4

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
The question is 'are you making big profit in trading? If you are making profit from trading, you will know how losses can also be the result because trading is a probability of making profit or loss.

If you trade and the market is not in the position that you took or you bought a coin and the market of the coin is decreasing in value. It is as simple as that.

Any market that is against a trader will result to losses.

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February 20, 2024, 10:05:54 PM
 #5

Its been said numerous times, trading is not an easy thing no matter how good you are or experienced you are you will still experience losses its because you are a human, human tends to do mistakes we are not perfect and as crypto market are so volatile you can expect that even a slight miscalculation in doing the trafe will cost you, so expect that those popular traders or big traders have more losses or the amount is too big, but what makes them exeptional is despite that losses they still find their way to get it back or have more, its the matter on how will you trade, how patience you are and how compose you are, in trading you need a firm and strong mind and emotion so that it will not be a hinder in your trading. Trading will never be easy money; you could earn a lot from it, but to get that, you will need to go down the path of hardship.

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February 20, 2024, 10:36:27 PM
 #6

How is it  that possible that someone can lost in Trading when he or she is making huge profit?

Been too greedy can actually cause this. Take a scenario where a trader enters every trade with a small position size and he manages to get that trade right and he becomes profitable in them, he continues on this streaks and keeps on winning them all of sudden he decides to go for a big position size because he feels too confident in his set ups and been clouded by greed wanted more profits and all of a sudden this one trade or more ends in lose which could nearly liquidate him probably because he didn’t put out a stop loss. This is how a profitable trader loses and liquidates themselves.

If yuh have good risk management your trades could face even 5 stoop loss and you would still not get liquidated. Also there is a thing in a running trade that causes some traders who might be in profit in that trade end up losing it because they didn’t have break even set on it or even take partials and the trade reverse or change

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February 21, 2024, 02:25:54 AM
 #7

This is actually a very strange question. On the stock exchange, money in general and profit in particular do not come out of nowhere. You can only earn what other traders can lose. But the question is whether it is possible to make a loss while still making a huge profit. In principle, this is possible if, for example, you open multidirectional positions that are asymmetrical. For example, we open long with leverage x10 and short with leverage x20. Let's say that after we opened a position, the market began to grow strongly. We made a huge profit on our long position, but lost even more on our short position and ended up in a loss. So this is quite possible.

 
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February 21, 2024, 02:32:23 AM
 #8

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
A trader can see good profit but if he uses a bad order on an exchange with small trading volume, he can make mistakes when selling to take profit. Like using Market price order type, after his sell order is filled, he might not get profit, but loss.

If a trader already sells his bitcoin successfully and gets profit, a next possibility of loss is making mistake when withdrawal. Like sending it to a wrong address or fail to withdraw from a centralized exchange because it is a scam exchange.

I will take profit, withdraw gradually in some different trading orders and different withdrawals. If I make mistake in one trading order, one withdrawal, I will not lose all my money.

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February 21, 2024, 02:52:59 AM
 #9

If traders do spot trading then his money will never be completely lost rather he may have some losses due to temporary market dumping but the chances of losing money completely is very low unless he invests in wrong coins. Investing in the wrong coin means that there are some bitcoins in the market that have a slightly higher chance of profit if you invest in them or buy them. Seeing the possibility of a little profit, many traders buy those coins and see that all the coins disappear from the market at that time, but there is a possibility that the money is completely lost. We should choose in advance which coin we will trade and we should give utmost importance to select the right coin. Whenever we trade with the right coins we will have more chances to gain money instead of losing it.

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February 21, 2024, 03:12:46 AM
 #10

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
When someone is making money from trader then you can't say that person lose money in it. Are you trying to say that someone who lose trades how can that person still make huge profits? If that's the case then it's simple, someone who losses a few trades and wins a few good amount trades can still be profitable as a trader. It depends on the win rate, some traders maintain big win rate at 70% or even more than that.

Those traders also lose some trades but in most trades they win instead of losing. Even the best trader lose some trades and that's why they place stop-loss to reduce the losing amount to minimum. While such traders can also set some good take profit points to earn more profit from their trades.

Let's say someone has bough Bitcoin at $52k, now he/she sets stop loss just 1% below the buying position while he/she set take profit at 2%, now even if he/she lose this trade and win the next one he/she is still going to be profitable even after losing the first trade or many such trades.

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February 21, 2024, 03:47:05 AM
 #11

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
Losses could neither be a paperloss or realized loss on which as long you dont be able to sell it out then those are just paperloss but if you have sold it out then its a complete loss.
Now we are talking about profits instead of those loses, then well we do know that losing is inevitable but doesnt mean that you arent profitable. It would really be that depending on how
well you do make out trades and this is something that would really be able to know since PNL's is private and cant be shared.No one knows whether a trader is profitable or not
unless into those copy traders out there then you could see it out. Profit making will really be determined on how well you do hover yourself into this market.

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February 21, 2024, 04:32:33 AM
 #12

Quote from: Blackie@5
How is it  that possible that someone can lost in Trading when he or she is making huge profit?

Trading is a something you don't need to give up whenever you are experiencing losses due to your mistakes, but if you can correct your mistakes and follow the due process other potential traders are using to make income, I think, is possible for you to make huge amount of income at the end. Never you allow any situation to force you to trade your coins during the bearish market, because that period is not a trading period but if you can exercise patience to wait for the favorite season to come which is bullish season before you can trade, you will definitely recover your losses. I will advice you to always listen to your research before trading your coins, if you want to avoid losses in your trading and enjoy income because there are some traders that they know that is not good to trade in the market but they will be encouraging other traders to trade in the market.

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February 21, 2024, 05:27:19 AM
 #13

I expect greed is the reason in the first place, and secondly not taking profits.

It often happens that a trader wins a big deal, but his greed makes him continue despite changing market trends and take risks, which ultimately makes him lose money because of his greed and failure to follow safety rules in trading.

It also happens sometimes that a coin rises and the trader gets a good profit, but he does not take the profits at the right time due to the greed to win more, and at some point the profit can turn into a loss due to not taking the profits at the right time. The trader must set his goals, take his profits, and not be greedy for more.
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February 21, 2024, 08:22:43 AM
 #14

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
There are many risks that people will face when trading, especially if they don't understand how to trade correctly. Trading is not easy to do if someone does not learn it and trading is also not difficult to learn if someone dares to take risks. Losses and profits are two common things that happen in the world of trading because we are dealing with speculative prices. But for people who already understand how to trade correctly, it will be a little easier to recover losses in previous trades and they will try to find profits in the next trade.

If you are not able to learn to be more focused on trading much better, then it is better to learn about investing because we will take a little risk. Trading is much more difficult to do and when people are involved in trading then there are many things that need to be taken into account and it is completely related to correct and more precise trading.

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February 21, 2024, 09:42:18 AM
 #15

If that person is putting the profit back into trading then that means that there's only two way for that person, either bigger profit or loss because they've got a go big or go home mentality, that's how I would answer your question because that's how I understand it, maybe learn to articulate your questions much better OP?

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February 21, 2024, 12:08:31 PM
 #16

Yeah, you could be making a profit now but who knows what will happen tomorrow or the next day.

Realistically speaking, it's impossible for someone to constantly be in profit all through out every trading sesh. I'm pretty sure, even experienced traders experience losses at some point.

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February 21, 2024, 12:20:31 PM
 #17

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
They might be talking about a specific trade? This needs more specifics before a specific answer can satisfy you OP. And besides, even with profit, you can still have losses in your history. Some traders tally each trade loss and profit, table them out, and based on the expected profit margin that they set up beforehand, they'd be able to calculate whether the trade they did for that specific time frame (most probably by month) is in profit or loss.

There's also the idea of transfer fees and probably some other misc fees they handle. Probably not that big for the most part but still part of the "loss" area.

 
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February 21, 2024, 12:37:13 PM
 #18

Trading is about achieving profit and loss, and the successful trader is the one who makes more profits than his losses, and the unsuccessful trader is the one who achieves several failed trades or several profitable trades and then becomes arrogant and makes a failed deal that leads to the loss of all his investments. When you trade, there is still a good chance that you will achieve losses, but you must work hard to make your profits much greater than your losses.
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February 21, 2024, 12:40:00 PM
 #19

How is it  that possible that someone can lost in Trading when he or she is making huge profit?
Crypto trading is just like gambling/real-life trading which economic inflation can impact the future price of the product you're saying.  If a trader is making a profit and not extra careful, takes a profit, and also manages risk he can lose all the profit he once made in trading.
This is the reason why consciousness is said not to be foolish and every day is not Christmas.
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February 21, 2024, 01:13:07 PM
 #20

some traders may not be able to manage their trades well. Even with huge profits just made, when traders have no control over their emotions when trading, or are too excessive when trading. they tend to be ambitious to gain greater profits. and when traders don't know the right way to stop a trade, it can lead them to a losing streak that wipes out most of the profits they've already made.



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