What do you do when your tades go against you ?

[maydna]

I simply exit the trades if it goes against my direction especially if the structure changes like it if it is a long trades and it formed a lower low then I'm willing just exist it and wait for the next good one . That is the way I profit my trading capital cause without proper risk management trading is not possible.

That is the right thing that you do because we can not still force ourselves to trade because that can make us difficult to analyze the market. Besides that, you can make a wrong analysis if you still insist want to try to trade. We should be wise with the market condition so we can save ourselves when everything goes not good.

[dansus021]

First of all if you are really a trader you will gonna hit the losses  I know it sound bad but I believe it happen to every single trader here on Earth. Lose in trading i just part of the game. It happen to mee too, back in December I turned 200 into 1K it probably not much for most of people but I just win the game, but In January I lost like 500-700 USD and losing the month. Im trying to make a good move in February but still didn't really see a good move on this month.

For now when My trade against me I have two choices Stop loss or just wait till hit your target

[$weetne$$]

First of all if you are really a trader you will gonna hit the losses  I know it sound bad but I believe it happen to every single trader here on Earth. Lose in trading i just part of the game. It happen to mee too, back in December I turned 200 into 1K it probably not much for most of people but I just win the game, but In January I lost like 500-700 USD and losing the month. Im trying to make a good move in February but still didn't really see a good move on this month.

For now when My trade against me I have two choices Stop loss or just wait till hit your target

You are absolutely right. At times, there is nothing you can do but to just accept the reality that you are not going to make any profit with that particular trade and the best decision is to end it before it gets too late as the more you stay in the trade, the further your losses is good to be. Every trader has experience with losses because it is something we can not do without when trading. The loses are not as bad as they seems because if you have your stop loss, you will not be in much debts and that stop loss are very important for any trade that you want to start. Those traders that do not use stop loss are those that do not care about their money getting loss. Do not over have hope for bad trades that you analyzed, learn to let go and start another trade.

[el kaka22]

Making wrong calculations is definitely natural in the crypto world, we are talking about something that is part of trading anyways. So, it is not really that complicated to begin with. I understand that it may not feel that way at times, but right now it would mean that we are going to make that kind of money and won't be really bothered by it neither.

This is of course a tough position to be in, not everyone can accept having a loss, and some people overreact to it, but if we have good understanding of the market, we won't make that kind of reactions. This is about experience, a newbie will be a lot more sad, plus may lose even more, but a veteran would lose acceptable amount and used to it so they won't be reacting much.

[Z_MBFM]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

This problem is constantly seen in those who do short-term trading. After making profit for a few days, that profit ended in 1 day loss. on average, losses are more than profits in some months.The reason is greed it is true. You can't control yourself when you make $20 a day profit.Then it seems that you can make more profit. You don't stop trading until you lose your profits. This happens all the time with a short time trader. so holding is the best way to protect losses and profit from crypto

[Findingnemo]

Accept and move on cause we can't do anything much about the lost and worrying about the loss is not gonna make any changes either so it's just unnecessary pressure on ourselves that affect our future activities. I don't trade often these days but if I made a loss or missed the opportunity of making potential profits by selling at the wrong time, I just skip the trades and do other stuffs that ease the feeling.

[|MINER|]

This problem is constantly seen in those who do short-term trading. After making profit for a few days, that profit ended in 1 day loss. on average, losses are more than profits in some months.The reason is greed it is true. You can't control yourself when you make $20 a day profit.Then it seems that you can make more profit. You don't stop trading until you lose your profits. This happens all the time with a short time trader. so holding is the best way to protect losses and profit from crypto

Actually, Short-term trading is for those people who spend lots of their days in to learning the trading like the technical analysis , the fundamental analysis and as well the other thing to have learn in trading and then they became the professional trader.
But those come on the crypto trading just on the greed and thought it will make them quick rich those will must face the situation you explain in your post.
So I will always say that if you have the trading skill then go for the trade or investment otherwise take some knowelge and make investment bitcoin regular in DCA scheme.

[harapan]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

Is to go on a break, most definitely when something like this isn't working so well a short break will do and as well trying to understand the reasons for it. This is s huge loss I must say and I won't say it's greed tho this is a similar trait to gambling and when you are undergoing such losses you ether stop for a while or you gamble with what you can afford to lose, but since they are kinda similar I think you should apply this formula too and see how best it works for you.

[milewilda]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

Is to go on a break, most definitely when something like this isn't working so well a short break will do and as well trying to understand the reasons for it. This is s huge loss I must say and I won't say it's greed tho this is a similar trait to gambling and when you are undergoing such losses you ether stop for a while or you gamble with what you can afford to lose, but since they are kinda similar I think you should apply this formula too and see how best it works for you.

I would say that it will work somehow on which diverting your emotions into something else will be easing up that disappointment on what you have been dealing recently on which it could cause up that avoiding potential even further loses on which this is really that an advantage, but of course if you do want to harness out your trading skills and knowledge then it will be that a common sense that you do need up find out or look on whats wrong with the recent trade that you have done. Trying out to analysis on why it did turned out to be a loss? Well, we are fully aware on how unpredictable market is, but it doesnt mean that you wouldnt be caring up that much on how you would be setting out those back up plans whenever it do happens. On the time that you do find yourself that being prepared for these things then you wont worry up that much or you wont really be that much reactive in compared into those people who dont have back up plans for such scenarios. Whenever you do make out such dealing up with unpredictable space then it will be that understandable that you should really be that versatile when it comes to mindset and emotions on which dealing up with this wont be simple but it doesnt mean that its impossible for you to be profitable.

[Cryptmuster]

Actually, Short-term trading is for those people who spend lots of their days in to learning the trading like the technical analysis , the fundamental analysis and as well the other thing to have learn in trading and then they became the professional trader.
But those come on the crypto trading just on the greed and thought it will make them quick rich those will must face the situation you explain in your post.
So I will always say that if you have the trading skill then go for the trade or investment otherwise take some knowelge and make investment bitcoin regular in DCA scheme.

Everything you listed, including technical analysis, is necessary for any trader, no matter what he is doing, day trading, or long-term trading (investing), because it is always important to determine the entry point and when to exit the transaction. Without certain knowledge, this is impossible to do, it cannot be said that for long-term transactions you need less knowledge and you can be successful, this can only work if you bought bitcoin and held it for many years, but as practice shows, there are very few such people, most try to trade and suffer losses.

[G_Besar]

Is to go on a break, most definitely when something like this isn't working so well a short break will do and as well trying to understand the reasons for it. This is s huge loss I must say and I won't say it's greed tho this is a similar trait to gambling and when you are undergoing such losses you ether stop for a while or you gamble with what you can afford to lose, but since they are kinda similar I think you should apply this formula too and see how best it works for you.

Taking a break after experiencing a loss is indeed a wise option for every trader because every trader certainly needs to understand why he lost with the previous strategy so that in the next trade he can apply something slightly different so that we no longer experience losses in the same amount. Because losses are a part that is always present in any trading so that it cannot be separated permanently from trading work and I think the formula you offer is a pretty good step even though I will still say this is trading not gambling.

[jstyler]

harapan you're spot on, taking a break helps clear the mind and gives you time to reflect on what went wrong. I also try to analyze my trades, identify patterns or mistakes and adjust my strategy accordingly. Losing is part of trading, but it's how we learn and grow. Your break formula is a good one, I'll definitely try it out next time

[|MINER|]

Taking a break after experiencing a loss is indeed a wise option for every trader because every trader certainly needs to understand why he lost with the previous strategy so that in the next trade he can apply something slightly different so that we no longer experience losses in the same amount. Because losses are a part that is always present in any trading so that it cannot be separated permanently from trading work and I think the formula you offer is a pretty good step even though I will still say this is trading not gambling.

I also think it's a good point and as well even you are taking a break after having losses on the trading you must not waste your time.

I think in that time you have more important thing to do, because experiencing losses in trading and just taking break and after few times later start the trading again that will never going to bring any benefits, In the breaking period I think a trading should learn about their losses and how they get that loss and what are the mistakes they did that shouldn't be repeated again by them.

[Bushdark]

Taking a break after experiencing a loss is indeed a wise option for every trader because every trader certainly needs to understand why he lost with the previous strategy so that in the next trade he can apply something slightly different so that we no longer experience losses in the same amount. Because losses are a part that is always present in any trading so that it cannot be separated permanently from trading work and I think the formula you offer is a pretty good step even though I will still say this is trading not gambling.

I also think it's a good point and as well even you are taking a break after having losses on the trading you must not waste your time.

I think in that time you have more important thing to do, because experiencing losses in trading and just taking break and after few times later start the trading again that will never going to bring any benefits, In the breaking period I think a trading should learn about their losses and how they get that loss and what are the mistakes they did that shouldn't be repeated again by them.

Trading is not something that everyone would venture into and make profits. It is good anyone that wants to trade to learn the art of trading very well before trying to put money into it. It is not everyone that is going to make money from trading.
There will be people or traders that would keep complaining of not making profits in the market until they finally dump trading.
There are many things that are involved in trading we need to understand and get prepared for.
You could be trading and not be making money at all because you don't understand much about the market.

[harapan]

I made same mistaken in my last some trades and now I am lost my 80% profits in just two days but I made profits from long time, I can not take it easily I am too disappointed for my last trade lost, my big mistake i used my initial+profits all of money used, i have no backup money for leverage. Now i have no other way to recover it without waiting for pump.

It sure happens alot times possibly it's coming from your emotions having so much effects on the trade, have also undergone this same losses back then recording countless losses weighed me down but it'll all stopped when I had to put more efforts in analysis and checking out for new strategies to keep up with and at that point I took a break to assimilate all of it and that was it.

[Fredomago]

Is to go on a break, most definitely when something like this isn't working so well a short break will do and as well trying to understand the reasons for it. This is s huge loss I must say and I won't say it's greed tho this is a similar trait to gambling and when you are undergoing such losses you ether stop for a while or you gamble with what you can afford to lose, but since they are kinda similar I think you should apply this formula too and see how best it works for you.

Taking a break after experiencing a loss is indeed a wise option for every trader because every trader certainly needs to understand why he lost with the previous strategy so that in the next trade he can apply something slightly different so that we no longer experience losses in the same amount. Because losses are a part that is always present in any trading so that it cannot be separated permanently from trading work and I think the formula you offer is a pretty good step even though I will still say this is trading not gambling.

Yeah as you can reassess what's done wrong or how you can adjust to see if there's another opportunity before placing another position, it's good for you on both mental and financial as if you push yourself after making a wrong assumption it might trigger frustration and another wrong decision making.

Take some rest and plan your next trade, there's always open opportunities you just need to figure it out whether to go long or to short the market if you are anticipating quick market run.

[Antotena]

This is absolutely a normal human behaviour as even I have been in that situation for more than once and even lost over $3k in futures trading in a single night. Fast forward to today I have started keeping a percentage of profit which I don't reinvest for trading and it has worked like magic. I would suggest you to keep aside a certain percentage of profit on your winning days and try to avoid futures it's stressful.

I'm not an expert when it comes to trading but losing $3k is wild in my opinion. What's the leverage that you use and what's the coin that you trades? Usually, I avoid any coin that has high volatility with futures and I make sure that my leverage is low as possible and when I open any position, I make sure it's cross leverage with risk ratio low as possible, I do this so that even if the coin pumps or manipulated, I don't get liquidated, this pattern has help me avoid losses.

Furthermore, I avoid meme coins no matter how tempted they looks like. I remember opening leverage of 5x on Trump coin thinking it will move like normal coins but the way it turn out, I'm not sure if I'm going to be putting a single dollar on any meme coin whether it's futures or sport trading. You can make money from it but the day you are going to lose, you will pay for the money you have made plus interest for engaging in meme coins.

[Ndabagi01]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.

A trader cannot always be winning, but making sure your number of wins is higher than your losses makes you a profitable trader. Any day you don’t win in trading, just take that day as your bad day off trading and not aggressively want to get back at the market because it will just make you lose all of your money.

I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

Dealing with a day of loss in trading is not something easy at all. We may not call it greed totally because even if I had made some good profits for the day and still saw a good trade set up that I’m optimistic of, I would still want to spare some money on those trades so that I can get more profits. And since we don’t control the market and no trader is 100% right, we may just loss the trade and had to take another loss for the day.

Then seeing another good trade may prompt you to take another one, and when you can’t have the big win, you may still lose another trade to add to your number of losses. This is not greed, but just the market not in your favour that day. For some, they may stop halfway and for some people, they’ll want to trade until they’ve exhausted their capital.

[Dewi Aries]

Recovering and even making some profits is not an easy scenario in trading, and in your case, you have managed to reach that phase but unfortunately everything went back to the beginning because of dissatisfaction, honestly I can't exclude greed in this case because that is what brought you back to the loss, and honestly I don't know why you preferred to continue the session instead of stopping and securing the amount of profit but yes that's what you will get when you don't set a profit limit. If I were in your position then there is nothing else I would do but accept all the circumstances even though it is a bit difficult, I would prefer to take a break and go on vacation to calm my mind and come back after my mind is calm.

[CroverNo01]

Recovering and even making some profits is not an easy scenario in trading, and in your case, you have managed to reach that phase but unfortunately everything went back to the beginning because of dissatisfaction, honestly I can't exclude greed in this case because that is what brought you back to the loss, and honestly I don't know why you preferred to continue the session instead of stopping and securing the amount of profit but yes that's what you will get when you don't set a profit limit. If I were in your position then there is nothing else I would do but accept all the circumstances even though it is a bit difficult, I would prefer to take a break and go on vacation to calm my mind and come back after my mind is calm.

Taking a break amidst all the cornerstone of losses gatherings, not a sign of weakness, but a bold wise step to relieve the pressure and having to encompass strategy for purpose to reinforce winnings in the system. Go out for recreational activities, atleast the mind will ease away from the losses made. Firstly, the market constitutes more dangers than one could possibly imagine. I've come along to witnessed such trespassing hurdle on the path of traders. They become confused and concerned with grip of fear when running losses, we understand the damage it will cost someone. Trades going against me? This will occur when we're not in the right state of our minds, instability in placing solid trading pattern.