Bitcoin Forum
July 14, 2024, 08:04:32 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Accepting this reality of trading has helped me a lot.  (Read 558 times)
onecall123
Sr. Member
****
Offline Offline

Activity: 2128
Merit: 323



View Profile
July 06, 2024, 02:39:57 PM
 #21

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?
Everyone has their own theories, but they should see how others do it. I'd love to learn from others.
Trading isn't just about making gains; it's also about minimizing your losses. I lose about 50% of my trades, but my stop losses keep those losses small. So, managing risk is a big part of trading, and I'll never stop encouraging others to use stop losses.


                    ▆█    █▆
    ▆█      ████    ████      █▆
████      ████    ████      ████
████      ████    ████      ████
████      ████    ████      ████ 
████      ████    ████      ████
████      ████    ████      ████ 
████      ████    ████      ████
▀███▄    ████   ████    ▄███▀
    ▀████████   ████████▀
           ▀▀████    ████▀▀
I|I|I         LOW LATENCY &         
           HIGH THROUGHPUT        
      SUBNET TECHNOLOGY        

                           ▄▄███████▄▄
                        ▄██████████████▄
            〓〓〓〓〓〓▄███████████████████▄〓〓〓〓〓〓
        〓〓〓        ▄█████████████████████▄        〓〓〓
     〓〓〓      〓〓 ▄███████████████████████▄  〓〓     〓〓〓
 〓〓〓        〓〓   █████████████████████████     〓〓      〓〓〓
▅          ▅        ██████████████████████████        ▅         ▅
 〓〓〓      〓〓〓   █████████████████████████    〓〓〓      〓〓〓     
     〓〓〓     〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓      〓〓〓       
         〓〓〓       ▀█████████████████████▀        〓〓〓
              〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓〓
                        ▀███████████████▀
                           ▀▀███████▀▀
    PERFECT FIT   
   FOR DEPIN         
I|I|I 
▄███████████████████▄
████▄░▄░███████▀▄████
█████▄▀█▄▀███▀▄██████
███████░██░▀▄████████
████████▄▀█▄▀████████
████████▀▄▀██░███████
██████▀▄███░██▄▀█████
████▀▄██████▄▀▀░▀████
▀███████████████████▀
 
▄███████████████████▄
█████████████████████
██████▀░░▀▀▀░░▀██████
█████░░▄▄░░░▄▄░░█████
████▌░░██▌░▐██░░▐████
████░░░░▀░░░▀░░░░████
████▄▄░▀▄▄▄▄▄▀░▄▄████
█████████████████████
▀███████████████████▀
 
▄███████████████████▄
███████████████▀▀████
██████████▀▀▀    ████
█████▀▀▀   ▄▀   █████
██      ▄█▀     █████
█████████      ██████
███████████▄   ██████
█████████████▄▄██████
▀███████████████████▀
kingvirtus09
Full Member
***
Offline Offline

Activity: 882
Merit: 108



View Profile WWW
July 06, 2024, 02:43:42 PM
 #22

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?

Did you know that scalpers are seasoned traders who can be considered, but they still make mistakes in their trading strategies? Meaning, if they still experience making mistakes or losing in trading, we are especially not scalpers like them, right?

But it's not necessary to be an expert just to get a good profit in trading; actually, even if it's just basic, as long as we use the right method, we can get earnings in trading for sure.

Abu-Naim
Sr. Member
****
Offline Offline

Activity: 490
Merit: 278



View Profile WWW
July 06, 2024, 03:31:02 PM
 #23

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?
Mistakes are main to happen likewise loses.
Trading is a risky game, you will lose at anytime and you can also gain at any time ; no matter how careful and how cautious you are, you can never be perfect which is it is call a risky game.

A good trader do not panic when they lose, they only take a good look at the trade to learn new things, they will review their mistakes and take corrections from there. But again, good and experienced traders don’t lose anyhow, traders that lose anyhow are probably copy traders with no knowledge about trading and people that jump into trading without any experience.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
Dr.Bitcoin_Strange
Hero Member
*****
Offline Offline

Activity: 644
Merit: 523


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
July 06, 2024, 05:06:26 PM
 #24

In trading, losses are inevitable. Fear of losing has made a lot of people stop trading, and some people who had an interest in trading decided to kill that interest because of the fear of losing their money. There is no professional trader who has been trading without losing; they only learned how to maximize profits and minimize losses, but they keep riding with the best trading strategy they have developed to help them minimize lose.

Although it's not everyone that can trade, some people like to handle trading as gambling because they cannot determine the movement of the asset they are trading, and some people can get emotional while trading, which can make them develop revengeful trading habits that can make them lose some money.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
stadus
Legendary
*
Offline Offline

Activity: 3164
Merit: 1299


Hhampuz for Campaign management


View Profile
July 06, 2024, 09:32:30 PM
 #25

In trading, losses are inevitable. Fear of losing has made a lot of people stop trading, and some people who had an interest in trading decided to kill that interest because of the fear of losing their money. There is no professional trader who has been trading without losing; they only learned how to maximize profits and minimize losses, but they keep riding with the best trading strategy they have developed to help them minimize lose.

Although it's not everyone that can trade, some people like to handle trading as gambling because they cannot determine the movement of the asset they are trading, and some people can get emotional while trading, which can make them develop revengeful trading habits that can make them lose some money.
No one gets to trade successfully and gain profits if they don't witness losing their capital at first. That's how hard and risky trading is, that not everyone who risks in trading will end up profitable and making significant profits. Some even didn't start at all because of their fear to lose, and for sure they won't dare to experience massive  profits in the future because they fail to manage their fears and risks when trading.

However, if you know how to accept that losses are inevitable in trading, and you have to take calculated risks to win on it, then trading will be a lot easier even for beginner traders.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
Dewi Aries
Legendary
*
Offline Offline

Activity: 2758
Merit: 1092


Leading Crypto Sports Betting & Casino Platform


View Profile
July 06, 2024, 10:48:15 PM
 #26

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?
Everyone has their own theories, but they should see how others do it. I'd love to learn from others.
Trading isn't just about making gains; it's also about minimizing your losses. I lose about 50% of my trades, but my stop losses keep those losses small. So, managing risk is a big part of trading, and I'll never stop encouraging others to use stop losses.

Yes, I quite agree with your idea that usually every trader has a different trading style, meaning that we can get a lot of knowledge from other people by sharing knowledge with each other and then studying it and as a stage of adapting to other people's strategies, and Of course, trading is not only about the opportunity for profit, but the possible risk of loss will also always be a part that can never be separated as long as a trader is involved in this activity.

You can gain profits in any amount when you have a lot of experience and knowledge as a result of the learning you have done, but it is a fact that all the profits you make will easily be lost again due to losses if you do not have good risk management. it's useless if you have a way to make money but if you don't have a way to prevent losing it, and one of them, as you said above, is with a stop loss, by implementing a stop doesn't mean you will completely avoid losses, but with risk management In this way you will avoid the possibility of losses in amounts that are too significant, a good balance when someone is involved in trading is when they have a way to prioritize profits but also maintain the profits that have been made.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
obtainhigh
Newbie
*
Offline Offline

Activity: 9
Merit: 1


View Profile WWW
July 07, 2024, 05:25:38 AM
 #27

Accepting losses as part of the trading process is crucial for long-term success. It's essential to learn from each loss and continually refine your strategies to improve over time.

Best regards,
Obtain High Team
uswa56
Full Member
***
Offline Offline

Activity: 882
Merit: 211



View Profile
July 07, 2024, 06:19:45 AM
 #28

No one gets to trade successfully and gain profits if they don't witness losing their capital at first. That's how hard and risky trading is, that not everyone who risks in trading will end up profitable and making significant profits. Some even didn't start at all because of their fear to lose, and for sure they won't dare to experience massive  profits in the future because they fail to manage their fears and risks when trading.

However, if you know how to accept that losses are inevitable in trading, and you have to take calculated risks to win on it, then trading will be a lot easier even for beginner traders.
You are right, everyone who has just tried trading will of course experience losses in trading because the experience and skills they have are not enough to give them a profit and I agree with you that being brave enough to take risks does not guarantee that someone can make a profit from trading. they do and when someone who doesn't dare to take risks of course will never make anything from trading because they can't manage their fear of trying to trade and to be able to avoid losses of course we have to learn about trading well in order to understand it well. about trading and can make a profit on trading.

slaman29
Legendary
*
Offline Offline

Activity: 2716
Merit: 1239


Livecasino, 20% cashback, no fuss payouts.


View Profile
July 07, 2024, 08:36:10 AM
 #29

You are right, everyone who has just tried trading will of course experience losses in trading because the experience and skills they have are not enough to give them a profit and I agree with you that being brave enough to take risks does not guarantee that someone can make a profit from trading. they do and when someone who doesn't dare to take risks of course will never make anything from trading because they can't manage their fear of trying to trade and to be able to avoid losses of course we have to learn about trading well in order to understand it well. about trading and can make a profit on trading.

It's the hard fact.

Majority of traders lose money. The longer the timeframe, the bigger the majority of losers. Statistics show 80% or around there for 1 year timeframes. 5 years or more gives 90% or more of losers.

Remember, you enter a trade you already lose. You deposit or withdraw funds you also lose. So you already have to make profit to cover losses just to break even. Every trade Smiley

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
internetional
Legendary
*
Offline Offline

Activity: 1526
Merit: 1869



View Profile WWW
July 07, 2024, 10:58:19 AM
 #30

I use quite complicated trading strategies with lots of hedges, and I know two types of losses: predicted ones and unpredicted ones.

If I realised that under specific market conditions my trade should result in loss, and the conditions are present, I don't pay attention to such loss.

But if the loss was not expected, I stop trading, close all the positions and start investigating what wasn't taken into account. Because it's too dangerous to continue using a strategy which can bring in unexpected losses.

By the way, the refusal from the strategy may cause even more loss while closing the existing positions. This is the third type of loss: the hardest one.
Kelward
Sr. Member
****
Online Online

Activity: 462
Merit: 301



View Profile
July 07, 2024, 01:25:27 PM
 #31

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

Quote
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.
The fact to take home is that crypto trading is hard and a trader that is experiencing constant loses for over a period of two years should consider quitting. They're better off investing in Bitcoin which is very safe provided the investor has a long term plan, all he needs do is accumulate and hodl till every bull run to increase his ROI. Newbies always make the mistake of thinking that crypto trading is a get rich quick scheme because of what they hear about it on social media, they'll enter without acquiring sufficient knowledge and lose all their trading funds. It's important to understand fundamental and technical analysis, learn different trading strategies to minimize loses in trading.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
dunfida
Legendary
*
Offline Offline

Activity: 3150
Merit: 1144



View Profile
July 07, 2024, 01:38:49 PM
 #32

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

Quote
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.
The fact to take home is that crypto trading is hard and a trader that is experiencing constant loses for over a period of two years should consider quitting. They're better off investing in Bitcoin which is very safe provided the investor has a long term plan, all he needs do is accumulate and hodl till every bull run to increase his ROI. Newbies always make the mistake of thinking that crypto trading is a get rich quick scheme because of what they hear about it on social media, they'll enter without acquiring sufficient knowledge and lose all their trading funds. It's important to understand fundamental and technical analysis, learn different trading strategies to minimize loses in trading.
There's no such thing about safe and this is something that you should bare up in mind even if you do stick with Bitcoin on which we do know that there's no assurance that it would be that having that potential.
Im not saying that Bitcoin is shit to hold but always be considerate about the risks involved because this would really be the primary thing on which you would really be needing to realize on, on the moment or time
that you do make out investment here on crypto space. This is why it would really be that recommended that you should really be having that risks management and this is something that you would really be needing.
Taking up some realistic approach is much better rather than on making yourself that delusional and this is something which is more better rather than on being too hopeful.

bitLeap
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 500



View Profile
July 07, 2024, 02:59:24 PM
 #33

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?
Not much different from you, both beginners and professional traders must evaluate their strategies when they experience losses.
Every process in trading that is carried out continuously will provide satisfactory results. Make yourself a trader who is able to learn from losses and then evaluate every step you take, experiment with various methods to find a technique that you think is effective enough. Crypto trading is volatile, there will be many new methods to adapt to market conditions.
It is important to remember that being a trader is not easy, in fact I have a friend who has been involved in the world of crypto trading for years and feels bored because as a trader he is required to constantly pay attention to market movements, the latest news and speculation that affects prices.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
Dr.Bitcoin_Strange
Hero Member
*****
Offline Offline

Activity: 644
Merit: 523


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
July 07, 2024, 03:41:29 PM
 #34

In trading, losses are inevitable. Fear of losing has made a lot of people stop trading, and some people who had an interest in trading decided to kill that interest because of the fear of losing their money. There is no professional trader who has been trading without losing; they only learned how to maximize profits and minimize losses, but they keep riding with the best trading strategy they have developed to help them minimize lose.

Although it's not everyone that can trade, some people like to handle trading as gambling because they cannot determine the movement of the asset they are trading, and some people can get emotional while trading, which can make them develop revengeful trading habits that can make them lose some money.
No one gets to trade successfully and gain profits if they don't witness losing their capital at first. That's how hard and risky trading is, that not everyone who risks in trading will end up profitable and making significant profits. Some even didn't start at all because of their fear to lose, and for sure they won't dare to experience massive  profits in the future because they fail to manage their fears and risks when trading.

However, if you know how to accept that losses are inevitable in trading, and you have to take calculated risks to win on it, then trading will be a lot easier even for beginner traders.

Yes, even the professional traders who make a living out of trading do experience losses most of the time. I know a few friends who are much more professional traders than myself; if it comes to trading, I cannot  compete with them but still encounter losses. In trading, one has to kill their fear of losing, but before then, you have to learn strategies that can help you maximize profits. Trading has principles that a trader needs to learn from other experienced traders and also practice on the demo account. 

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
dansus021
Copper Member
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 943


Part of AOBT - English Translator to Indonesia


View Profile WWW
July 07, 2024, 08:50:15 PM
 #35

Accepting this reality of trading has helped me a lot

Accepting loss it is really part of trading process, its simply loss can guide you to better you i mean you can learn from it and can do better, you can minimize loss in the future or even avoid it. But as part of the process you might hurt to see negative pnl and etc

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
irhact
Hero Member
*****
Offline Offline

Activity: 686
Merit: 827


Working on improving everyday, getting better.


View Profile
July 07, 2024, 09:41:44 PM
Last edit: July 11, 2024, 09:26:26 PM by irhact
 #36

The fact to take home is that crypto trading is hard and a trader that is experiencing constant loses for over a period of two years should consider quitting. They're better off investing in Bitcoin which is very safe provided the investor has a long term plan, all he needs do is accumulate and hodl till every bull run to increase his ROI. Newbies always make the mistake of thinking that crypto trading is a get rich quick scheme because of what they hear about it on social media, they'll enter without acquiring sufficient knowledge and lose all their trading funds.

Newbies aren't ready to accept any reality as they think they can make quick profits when they start trading, many of them don't practice trading first before they put money in the live market but they just jump right into trading. Losing for a period of two years is too much, the amount of money that would had been lost by then will be too much. Why don't they just stop after 2 to 3 months of not having profits. If they can invest that money in Bitcoin and hold for 2 years it'll be better. You don't have to be trading as everybody wants to be doing as there are many things you can do to make money with cryptocurrency. You can consider staking or mining if trading isn't giving you money. Don't be blinded by the reason you don't want to give up. You can have other ways you can be making money than to be losing money always. Alot of individuals are going to lose everything just as they don't learn from others mistakes.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
..FAST DEPOSITS .........
..AND WITHDRAWALS..
    ▄▄████████▄▄                        ▄██████▄
  ▄███████▀██████▄                   ▄██████████▄
 ██████ ▀▀ ▄ █████       ██          ▄████████████▄
████████  ▄▀▄ ▀██▀      ▄███       ▄███          ███▄
███████▄  ▀▀▀ ▄██      ▄█████▄    ████████    ███████
███████  ██▀  ▄██     ████████▄   ███▀ ▄▄▄    ▄▄▄▄▀██
█████▄▄  ▀▀▄   ██▄    ▀▀█████▀▀   █████▄▄▄▄▄▄▄▄▄▄▄███
 ██████ █ ▄ ▄█████    ▀▄▄▀▀▀▄▄▀   ████████    ██████▀
  ▀███████████████     ▀█████      ▀██████▄▄▄▄████▀▀
    ▀▀█████████▀         ███         ▀▀████████▀▀
..WHEEL OF..
..FORTUNE...
.WELCOME OFFER .
......200% + 50FS.....
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████▀▀██████
████████████▀▀▀    ██████
███████▀▀▀   ▄▀   ███████
████▄     ▄█▀     ███████
███████▄ █▀      ████████
████████▌▐       ████████
█████████ ▄██▄  █████████
███████████████▄█████████
█████████████████████████
▀███████████████████████▀

.PLAY NOW.
[/ta
Lakai01
Legendary
*
Offline Offline

Activity: 2366
Merit: 2838


Top Crypto Casino


View Profile
July 08, 2024, 06:08:32 AM
 #37

The fact to take home is that crypto trading is hard and a trader that is experiencing constant loses for over a period of two years should consider quitting. They're better off investing in Bitcoin which is very safe provided the investor has a long term plan, all he needs do is accumulate and hodl till every bull run to increase his ROI. Newbies always make the mistake of thinking that crypto trading is a get rich quick scheme because of what they hear about it on social media, they'll enter without acquiring sufficient knowledge and lose all their trading funds.

Newbies aren't ready to accept any reality as they think they can make quick profits when they start trading, many of them don't practice trading first before they put money in the live market but they just jump right into trading. Losing for a period of two years is too much, the amount of money that would had been lost by then will be too much. Why don't they just stop after 2 to 3 months of not having profits. If they can invest that money in Bitcoin and hold for 2 years it'll be better.

Someone who is completely new to the trading market should always (!) use paper trades for at least 3-6 months before investing any real money (including very small positions). Otherwise, you (and your money) will be burned in no time simply because you dont know markets at all and dont understand how you react in difficult situations, eg. when a trade starts to lose.

A side note for experienced trades which are coming from other markets: The crypto market itself isnt that different from other markets like Forex on a daily basis, so if someone trades in lower timeframes (eg. 30m, 1 hour, ...) there shouldnt be any difference. What should be considered though is, that major swings happen from time to time and are often news related. You cant forecast such swings but they carry the potential to ruin your trades, even on lower timeframes.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
jcojci
Full Member
***
Offline Offline

Activity: 858
Merit: 121


Catalog Websites


View Profile
July 08, 2024, 07:44:05 AM
 #38

Yes, you do the right thing to checked your traded and trying to learn and not makes the mistake in the future. I agree with what you do because that will helps us to know the mistake and learn to fix that. We will difficult to have a 100% profit rate because the market is fluctuating and hard to analyze, especially if we don't have good skills in trading.

But if you still learns more about trading, you will see that your skill improves so you can analyze the market and finds the right coin. It needs time before you can posses a better skills to trade but if you don't stops from learning more and more, you will hae that skills.

I also stop my trade for a while and check what I have done. I know that something wrong with my analysis so I needs to find how to fix it. Usually, I leave the market to calm down myself from the lost feeling in trading and that helped me to make myself better. I will return to the market when everything is normal and I can analyze better.

████████████████████     BitList     ████████████████████
Real-Time Data Tracking Curated by The Community
│     List #kycfree Websites     │
Fivestar4everMVP
Legendary
*
Offline Offline

Activity: 2324
Merit: 1069


Leading Crypto Sports Betting & Casino Platform


View Profile
July 08, 2024, 04:26:25 PM
 #39

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?
Well, perfectly said, loses are completely part of trading, it's absolutely just as normal as making profit in trading, well experienced and professional traders understands this well enough and do not try to shy away from it, loses most of the time are a way to learn new things, new approaches, that is, new ways to approach the market that will guarantee a good percentage of profit making.

It is Important we all understand that trading is just like any other business out there, there are no business any where where there are never loses, if any of such business exists, trust that visually every one around the world will be doing that business, and we all also know what will happen when everyone in the world get into doing the same business, there will be no customers, and the end result will be what? Loss.

Yeah, traders, just like it is with gambling, should learn to embrace losses, rather the reject, a loss can be very valuable at time, when we value it enough to study it well, it could be the door opener to a much greater profit we did never imagined.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Coyster
Legendary
*
Offline Offline

Activity: 2086
Merit: 1276


Life's but a walking shadow!


View Profile
July 08, 2024, 05:40:16 PM
 #40

What do you do when you take a loss?
I am not an active bitcoin trader, so i cannot talk about losses in this perspective. That being said, losses are somewhat inevitable, anyway if you are losing so much, far more than what you are gaining, do not be under the illusion that you are in a process, that process might lead to to bankruptcy. It is a wise move to know when trading isn't for you, you should be able to know when to stop, hodling is a better alternative for a lot of people, but they lose so much money in trading that they fall out of the network due to frustration.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
..FAST DEPOSITS .........
..AND WITHDRAWALS..
    ▄▄████████▄▄                        ▄██████▄
  ▄███████▀██████▄                    ▄██████████▄
 ██████ ▀▀ ▄ █████       ██          ▄████████████▄
████████  ▄▀▄ ▀██▀      ▄███       ▄███          ███▄
███████▄  ▀▀▀ ▄██      ▄█████▄    ████████    ███████
███████  ██▀  ▄██     ████████▄   ███▀ ▄▄▄    ▄▄▄▄▀██
█████▄▄  ▀▀▄   ██▄    ▀▀█████▀▀   █████▄▄▄▄▄▄▄▄▄▄▄███
 ██████ █ ▄ ▄█████    ▀▄▄▀▀▀▄▄▀   ████████    ██████▀
  ▀███████████████     ▀█████      ▀██████▄▄▄▄████▀▀
    ▀▀█████████▀         ███         ▀▀████████▀▀
..WHEEL OF..
..FORTUNE...
.WELCOME OFFER .
......200% + 50FS.....
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████▀▀██████
████████████▀▀▀    ██████
███████▀▀▀   ▄▀   ███████
████▄     ▄█▀     ███████
███████▄ █▀      ████████
████████▌▐       ████████
█████████ ▄██▄  █████████
███████████████▄█████████
█████████████████████████
▀███████████████████████▀

.PLAY NOW.
[/ta
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!