Learn how to accept your loss as a trader.

[SuperBitMan]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

[Churchillvv]

So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

This is the most common orientation giving to any trader in trading school or class,  it however it's very much difficult for people to accept their loss some really accept and that prevent them from lossing more.

Chasing your loses is like running after your shadow know fully well that it's with you can you can't catch it.
The rule is simply never chase loses instead stay focused on the one that is still to come, that could change a lot for us (you).

[osasshem]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

With such view and perspective of wanting to get back all your losses, the person will end up losing everything, if emotions are not well controlled. Accepting your losses is a part of the success story along the line, when there is more success, and at that time, there will be story to give out and advises for people who will find themselves in such situation/condition.

When there is a loss, take out time and relax your mind, view each steps that was taken that lead to these losses, research on it and take your corrections, with this, there will be improvements in the next trade.

[Victorybit1]

Learning how to accept your losses is a sign of maturity, traders that can't handle the thought of losing always end up trying to do revenge trading and the results of this is always catastrophic because they allow their emotions to take over their decisions. There are times that you would definitely lose and times you would be in profit but with risk management you would be able to make sure that your profits are more than your losses

[Yablee0]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

You made a clear point my boss, every kobo spent or invested in trading cannot be recovered back, immediately you follow it pumper to pumper you become a slave to it.
But sometimes it is not 100 percent there fault because trading you see is like a gamble once you are in it is very difficult to retrieve back and with that it makes you coming continuously till it get you frustrated.

So my advice to all traders try and accept defeat /lost so that you can be in charge of your emotions towards it.

[PremiumcryptoHub]

Perhaps it is right that these basic trading classes discuss how to accept or manage your losses as a trader.I think that accepting losses in trading is one of our skills because through this we may be able to gain experience again. Moreover it may also be a very important step to remain calm if you do not initially make a profit from trading and the situation must be analyzed. In fact the basic premise of these words is that It is important for everyone to find out why they did not succeed in trading if they can uncover that then it is definitely a sign of maturity.

My idea everyone needs to gain education and experience, which means that they can move forward in the right direction for the future in trading. Even risk management and the right steps can be important.

[BIT-BENDER]

So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

This is the most common orientation giving to any trader in trading school or class,  it however it's very much difficult for people to accept their loss some really accept and that prevent them from lossing more.

Chasing your loses is like running after your shadow know fully well that it's with you can you can't catch it.
The rule is simply never chase loses instead stay focused on the one that is still to come, that could change a lot for us (you).

Why are we highlighting lose like it is the only thing a trader can encounter or will deal with. Yes it is great letting people know that there are chances of losing in the trading game but since everyone is already educating people about lose let me drop something on winning.
.every trader wants to win but the actual truth is that not everyone will win. Infact if you win someone somewhere is losing, some people actually suffer from winning I mean when this type of people win they don't know how to work away then they end up losing what they have earned.

[fredericktaylor]

A trader should start trading with the mindset of losing. If you lose while trading and are aggressive to compensate for it quickly, the possibility of loss doubles. After a loss, it can be wise to control your emotions and get out of there. Be more aware of your knowledge and skills. Find your mistakes and make sure that you do not make the same mistakes again in the future. The right knowledge leads people to success quickly, so before starting trading, you must do the necessary research and enter the field to win without any uncertainty.

[Mehmet69]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

Yes, of course. A friend of mine was a trader. In the beginning, he traded on the advice of his advisor. He made a lot of profit. But later, when he started trading on his own, he kept losing a lot of money. Keeping that loss in mind, he kept making mistakes again and again. We tried to convince him that he should start afresh without thinking about the loss. This would help him to make a profit again. But he did not listen to us and did not tell his advisor about such losses. At one point, all his money was gone. Then his advisor told him that I told you that if you ever lose, then start a new business without thinking about recovering that loss. But by trying to recover that loss, you lost everything.

Later, he understood. And now he has started afresh. So it is wise to accept the loss without thinking about recovering the loss.

[Churchillvv]

So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

This is the most common orientation giving to any trader in trading school or class,  it however it's very much difficult for people to accept their loss some really accept and that prevent them from lossing more.

Chasing your loses is like running after your shadow know fully well that it's with you can you can't catch it.
The rule is simply never chase loses instead stay focused on the one that is still to come, that could change a lot for us (you).

Why are we highlighting lose like it is the only thing a trader can encounter or will deal with. Yes it is great letting people know that there are chances of losing in the trading game but since everyone is already educating people about lose let me drop something on winning.
.every trader wants to win but the actual truth is that not everyone will win. Infact if you win someone somewhere is losing, some people actually suffer from winning I mean when this type of people win they don't know how to work away then they end up losing what they have earned.

You are still making the same point as I made, for you information the only thing that is guaranteed in trading is lossing so this is the major reason why I highlighted lossing to be a common factor for traders.
As long as you're funding the chance of encountering loss is 90% to 10% even those who are masters in trading having their lossing day.

We can't mention trading without mentioning loss, and even if we have to mention profit it's lesser than the losses that we have to mention, but one thing is certain just like op said, stop chasing loses is the best way to avoid more loss because at that point you're encountering more emotional trade than usual.

[sotelorene]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

This mindset has really messed up a lot of traders who think they can do it but at the end they realized they have been nothing but stupid. Whenever someone lose money, definitely they will be angry and agreessive especially when the used what they can not afford to let go but aggressiveness doesn't make them lose power rather they will become mentally unstable, they won't be thinking the way they were thinking before starting the trading because they will be depress and depression always cause a change in emotions and that is what course mental instability. The remedy to this is to have a self discipline and ensure to use what you can afford so that you won't have the thought of trying to get everything back after loss because if you try, you will be doomed.

[I_Anime]

As trader you to be ready for anything , always have the mindset that losses are inevitable. And it will come in many ways either from market manipulation or your own mistakes which is normal . The only thing you could do is to learn from those mistakes to avoid making such mistake again .

Because if you are always carried away by those losses you will continue to make more , because you are no longer thinking straight at that moment, so the best thing to do after experiencing losses is to stop for a while and take your time to think things through and figure out what you did wrong .

[Callido]

Ideally, losing is an inevitable aspect of trading that must be noticed before learning and accepting to trade. Trading is strategical, it can be luck based as well but initially it requires your skill to summarize the market using logics, with careful analysis making profits is yet under probability, as it is never under our control.

Traders are demanded to be all way fit before venturing into trading, financially fit, having quality knowledge about trading and what market to trade in, learn from mistakes and having know how to control emotions, since losing will be uncontrollable that means success in trading becomes unjustified and may end up losing everything funded.

[rachael9385]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.

Just as you said, your losses should be a lesson to you, use it as a stepping stone to learn more and make adjustments. Every mistake is a lesson, only a fool repeats a particular mistake, you can only make a different one. Trading has it's ups and downs but you must learn to accept every outcome. There are days you would lose, there are other days that you would hit just stop loss through out the day.

[Moreno233]

Omo me no be fan of crypto trading sha cos that gbese don injure plenty people on lowkey. Even at that, wetin you yan na the koko be that. If u never ready to collect sometimes, e beta make you kuku avoid crypto trading base on say no matter how u shine ur eye reach, you go chop L sometimes. Money de the business but as u go fit quick make money from am, na so u fit quick lose money too, so na for u to ready to take anything wey come out unto say u know wetin de involved for the matter.

[Amphenomenon]

You are still making the same point as I made, for you information the only thing that is guaranteed in trading is lossing so this is the major reason why I highlighted lossing to be a common factor for traders.
As long as you're funding the chance of encountering loss is 90% to 10% even those who are masters in trading having their lossing day.

We can't mention trading without mentioning loss, and even if we have to mention profit it's lesser than the losses that we have to mention, but one thing is certain just like op said, stop chasing loses is the best way to avoid more loss because at that point you're encountering more emotional trade than usual.

Your 90% to 10% gain analogy doesn't fit this. There are factors that shift chances for getting profit or lost and this is why those who have mastered the act of trading have better win ratio than noob or below mastering.

Profit and loss cannot be ignore in any business and we cannot speak about one and ignore the other. But like Op said focusing on getting back losses will lead to more lost and potentially bankruptcy.

[Mpamaegbu]

One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.

Of course, u supposed carry am for mind to recover everything wey u don lose and na dat thing go motivate u to study hard at improving ur trading skills. Something has to motivate u to do something. Where d thing nor go dey good na if d trader begin chase price afta every loss. Dat wan go mean loss of concentration. E nor good. Na revenge trading be dat and e nor dey good.

[Zaguru12]

Why are we highlighting lose like it is the only thing a trader can encounter or will deal with. Yes it is great letting people know that there are chances of losing in the trading game but since everyone is already educating people about lose let me drop something on winning.
.every trader wants to win but the actual truth is that not everyone will win. Infact if you win someone somewhere is losing, some people actually suffer from winning I mean when this type of people win they don't know how to work away then they end up losing what they have earned.

It is definitely a two way something except you have a clear mindset to deal with situations like this, a loser can lose in a trade and decides to chance the market to make back the money they have lost this is what we usually call revenge trading which is one of the worst form of trading any trader will engage them selves into. This revenge trading lure you to more losses than any day and it is mostly experience by those setting a limit of what they wish to earn from the market in a certain period of time. This time around they actually analyze too well. It is then same as That of a winner too.

The winner also doesn’t know when to stop out of the market but will rather continue chasing the market with the believe that he will win more or probably got dipped into FOMO and feels the market will remain that way and through the run of this he ends in more losses and almost gives back to the market his entire profits and even capital.

The way to escape situations like this is to have a very good trading psychology, learn to know when to stop trading either in both winning and losing

[DaNNy001]

Being a trader isn't easy, you must sacrifice a lot to get the results you want but this doesn't mean that it's always going to be rossy...The financial market goes through a lot of changes and you can't always get it right but if you are the type of trader that understands risk management you would not lose more than your profits... it's all about being patient when you are going through losses, always learn from your mistakes

[Sexylizzy2813]

We go always see this matter OP talk as advise abi wetin I wan call am, we go see am as easy something because e dey some how favor some or make I say e dey favor many of us, that is trading. When you lose and you use force to get the money wey you lose e no go the main man wey sabi things about trading as OP talk but me I go call am greediness nai join hand dey make you enter with force, make we understand this trading of a thing. Even if you sabi how to manage your money just remember say without control and patience e no go work for trading especially when you done lose well well...best thing to do na leave today wey you lose and fight another day, that is if you lose today you rest and the next go fit better for you.

Support PIGIN For Our Local Board...