Accepting this reality of trading has helped me a lot.

[laubeaud]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

[Questat]

There’s no perfect traders in the market, all have their fair share of losses before they achieve their current position they are enjoying right now. Acceptance is the key, and always bear in mind that before you succeed in this trading journey, you need to experience those inevitable losses at first that will build your strength and confidence as a trader.

In times of loss, I don’t resort actually into regretting or panicking because I lose some good amount. But instead, I learned from all of them and develop new strategies that will help me improve my trading skills and performance as well. And continue to stay positive that these losses will eventually lead me to my sweet fruit of success, and I’ve never wrong with that because after series of losses, now I’m starting to reap the good profits in trading.

[Charles-Tim]

I do not want to repeat myself again. Let me post what I posted on the other forum. This is it:

If you are losing for some days. You can learn how not to lose more than win.
If you have been losing more than win for months, you can continue to learn more about the strategies to win than lose.
If you have been losing for more than 2 years. That means it is high time to quit trading.

One thing that is most important about trading is to not use more than the amount of money that you can afford to lose for trading.

Some people supposed not to just trade because trading can make them regret in life with significant losses. If someone has been losing for a long period of time, the person should just quit trading.

[Viscore]

I do not want to repeat myself again. Let me post what I posted on the other forum. This is it:

If you are losing for some days. You can learn how not to lose more than win.
If you have been losing more than win for months, you can continue to learn more about the strategies to win than lose.
If you have been losing for more than 2 years. That means it is high time to quit trading.

One thing that is most important about trading is to not use more than the amount of money that you can afford to lose for trading.

Some people supposed not to just trade because trading can make them regret in life with significant losses. If someone has been losing for a long period of time, the person should just quit trading.

Losses will always be a significant part in trading. You won't be a good trader in the process if you never see yourself losing at some point. However, losing for several years is already another story. You can't just trade and endure losses all the time. You need to assess your trading potentials if you still have it or you're not actually destined to be a real successful and profitable trader. Otherwise, going back into pure investing will be a wise option. With hodling for years, you'll still end up making a good amount of profits same like trading, or even better than those.

[Mr Reporter]

What do you do when you take a loss?

Well OP I think every trader has their unique strategy. But as for me I do take a deep breath, and take a small break, and also do some assessing on the market and strategies, and I also consider position sizes, and study previous losses before hopping back into the market.

Well, Mr. Market will always want to play with your head most time so this is what I do most times when losses are been made.

[EL MOHA]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

One thing about trading is no matter how good you’re on analysis like technical and such there is never a perfect trade rather there are high probability trades that can yield profits. So losing in a trade is definitely part of trading, the way you react after trading is what matters a lot. That’s why many profitable traders will tell you that trading is compromised of 20% skill and 80% psychology to be successful

You see all this win rate percentage, it is just not the way to evaluate traders, A traders can have a lower trading win rate and still be more profitable than the other trader with more. This is because of how you apply your risk management. So as a trader if you’re losing too much you need to re evaluate your risk management.

Another important thing to do when on a losing streak is to take a break and go and do more of backtesting. Losing sometimes doesn’t mean your strategy is bad but rather it tells you that such strategy wouldn’t work for all pairs. Backtesting your losing trades helps you to make more better decisions. Another thing is to have a journal to evaluate your losses on each pairs once a certain pair has more losses it is better to do away with it because your strategy might not be perfect for it

[nelson4lov]

~Snipped

What do you do when you take a loss?

First things first:

• Time off: I take some time off to cool off. It might be to binge watch a series I have been putting off, play games or read a book. The end goal of this phase is simply to move on quickly from the loss.
• Back to drawing board: After cooling off abd getting my head straight again, I go back to the drawing board to reflect on my trade. Figure out what went wrong last time and what I could've done better. I factor all these in and then digest it all.
• Plan future trades: This part is pretty straightforward actually. After cooling off and some reflection, this is the part and putting everyone from #2 into play.

I'm interested to learn how other community members handle their losses.

[mk4]

Did it really take you "many years of experience" to realize that? It should take you less than a day or two of trading to realize that losses are inevitable.

The best traders I know do not have a 100% win rate.

Literally no one has a 100% win rate nor probably 70%+ win rate when stretched in years and with a decent amount(mid 6 figures in USD) of capital.

[taufik123]

As you explained in points A and B, of course you have to review or evaluate why the trades we make are losing and of course learning from the defeat will be very good for further development.

But you forget about the strategy you have to implement, how to manage risk and manage funds on a trade.
Evaluating all of that will certainly make the next trade more directional and can achieve the profit target you want to achieve.

No one has a 100% win rate even if they are professional traders, even trading robots alone are not able to achieve 100% accuracy.
Losses are certain, but what needs to be done is how to minimize the effects of losses so that more profits will be obtained.

[Dunamisx]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

There is no how our experience while on trading could be complete without having to tell about the lost we have made as well from it, we however shouldn't take it as a must that we must pass through this ugly stage before we become the expert we desire in trading, we could make some losses that could be the reason to knock us out of the market completely as we run out of loss or went bankrupt, so i will rather put it in this format that in making trades, we take risk on either winning or loosing, but when we are knowledgeable about trade, we make more of profits in it than losses.

[shinratensei_]

Losing is okay as long as your profit of the year is still positive, if you keep losing thought maybe it's time to do some reflections.

in my future trading experience I've experienced many loss and most of them are just due to being too greedy, also sometime due to trend changing in the blink of an eye, as you can see with future trading and high leverage a good news or bad news could cause short squeeze or long squeeze, avoiding this is rather impossible since it's unforeseen thing that we can't control.

but instead of being mad and try to make entry to the market again I just called it a day, and try to relearn pattern again. loss is what make you realize that maybe you're being too reckless with your trades.

[Mr.sprin]

Losing is okay as long as your profit of the year is still positive, if you keep losing thought maybe it's time to do some reflections.

in my future trading experience I've experienced many loss and most of them are just due to being too greedy, also sometime due to trend changing in the blink of an eye, as you can see with future trading and high leverage a good news or bad news could cause short squeeze or long squeeze, avoiding this is rather impossible since it's unforeseen thing that we can't control.

but instead of being mad and try to make entry to the market again I just called it a day, and try to relearn pattern again. loss is what make you realize that maybe you're being too reckless with your trades.

I agree with your opinion, when we have started trading, the thing we must avoid is being rash in making decisions, don't make decisions carelessly so that it can cause losses for ourselves, first learn how to make the right decisions so that big mistakes don't happen. .

Short-term and long-term trading both require adequate knowledge for ourselves, not just capital, extensive knowledge is also needed, high patience and self-confidence, don't trade because you follow other people, because we see the profits they get so we want to join in trading without being based on sufficient knowledge and experience.

[Poker Player]

The best traders I know do not have a 100% win rate.

How is anyone going to have a 100% win rate in trading for God's sake? If you thought that when you were starting out you were way off track.

If you made trades of exactly the same amount you should always have a win rate higher than 50% to win and if we include commissions to be sure it should be 55% but as the amounts influence, if you have a win rate of 40% but in trades of greater amount you can be a profitable trader.

For most traders I would say that the profitability is between 40 and 60%. Whoever tells you that he has a very high win rate, like 90%, is either lying or is referring to a small sample.

[wxa7115]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

It is not my intention to rain on your parade, but it took you years to learn this lesson? I mean, common sense should have helped you to learn this before you even did your first trade.

Let’s use sports as a way to exemplify this, pick the best team on your favorite sport, do they win all the time? No, they win more often than not, and they do so by larger margin than their opponents, but they still lose from time to time, even to teams that are way inferior to them on paper, so if this happens in a sport competition, it is obvious the same concept must hold true for traders as well.

[TheUltraElite]

Losses happen before you know it. But in spot trading at least you have the opposite asset at hand to be able to sell in the future. I hope you are talking in the context of spot trading and not anything else because the rest of the types of trading are gambling.

With each loss, you might not always have something new to learn, maybe you just repeated an old mistake. Try to avoid making these mistakes and thinking twice before taking the step.

There are methods to overcome a wrongly placed trade but this takes practice to be able to remain calm. Always remember that trading is a side hustle, it should never be your main source of income.

[PuertoLibre]

There is no perfect setup or strategy that is bulletproof and works 100% of the time. We always modify the strategy and optimize the tools to get the maximum R:R and it takes time to build a good strategy that can be said this is what I am looking for. Cutting the loss and letting the winning trades achieve maximum potential should be a goal for professional traders who know what they do, IMHO.

[batang_bitcoin]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

That's right, no 100% accuracy in winning trades. And that's why more than 50% of your trades is already bad ass. 30%-40% of your trades as wins are already expert level IMHO.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

Stop and relax. Not all times I'm going to win trades and just accept those losses. I can recover that some other day or plainly with my holdings when the market bumps. I don't go back asap when I've just come from losses.

[CageMabok]

After many years of experience, I realized that losses are part of the proccess trading. Losses happen to the best traders. The best traders I know do not have a 100% win rate.

When I take a loss, I sit down in order to:
a) review the trade
b) learn from my loss

What do you do when you take a loss?

The answer will be very simple because I will continue trading when I have lost and will continue to learn to find more knowledge about good trading even though I have lost several times. However, another question apart from what you are asking here is why we can lose if we as traders can still hold and wait for the best price to make a profit when we want to sell it.

Because most of the traders' losses are not having the patience to wait for prices to reverse again and often panicking when they see market conditions that have turned red again due to falling prices. And it is also wrong to buy coins or tokens where the price of the coins or tokens has become very, very cheap so that it takes more time to recover as usual, and even then there is no guarantee of recovery.