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Topic: Continuously Loosing money in Trading!!!! - page 11. (Read 1366 times)

member
Activity: 753
Merit: 15
mulierum.com
September 20, 2021, 07:37:19 PM
#47
I think it is necessary to upgrade the strategy in trading because we know the crypto market continues to grow. if it is experiencing continuous defeat then there is something wrong with it, and it cannot be tolerated. I am aware that it is not an easy thing to determine a new strategy in trading and it is necessary to experiment in it. what is certain is that if you are in a position like this, don't be easily provoked, accept defeat and try your best to fix it.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
September 20, 2021, 07:13:11 PM
#46
So sad to hear that. But be patient.
Actually, you do trading longer than me.
You should know what happens and what's wrong with your strategy and technique. Sometimes, there needs renewal technique relates to the current market startegy. And because we also don't know what kind of technique you have used so far, I am sure that you must know the weakness of the technique iutself.
try to seek fro another technique and combine it with yours. And try to get the top coins only right now because the market is very volatile right now. The market can drop very easily and drastically right now, but the market cannot rise up highly.
hero member
Activity: 2842
Merit: 625
September 20, 2021, 06:29:39 PM
#45
Every strategy can work for long term and as well as not after benefiting from it for a long time. It only means that it doesn't work any more and you have to change your strategy when you trade.

Learn something new with strategies and that's all you need to do to cope up with your losses.
legendary
Activity: 2576
Merit: 1785
Rollbit.com | Crypto Futures
September 20, 2021, 06:26:58 PM
#44
If you keep losing money trading with the same strategy for the last 2 years, it means you have to change the strategy you use. Something is wrong with your strategy. Risk management and capital management also need to be changed.
What really matters and is also very important is your Psychology. Trading will depend on your strategy and decision. so create a new strategy and train your psychology. You have to believe that you can benefit.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
September 20, 2021, 06:22:42 PM
#43
You alone can actually tell where your fault is coming from and to reduce the losses you should provide your self with the following answers:
  • Your frequently traded coin pair
  • The strategy you have adopted for the past three years
  • when was the last time you updated your knowledge on Trading
If you can answer the questions to your self you would be able to know where you are getting it all wrong for example if you trading just one coin example bitcoin it could be you were taking advantage of the bull run to make profit all along.  For now my biggest advice is try and update your knowledge on what you know about trading already before returning to the market
legendary
Activity: 3066
Merit: 1049
September 20, 2021, 05:12:57 PM
#42

3-4 years of trading experience should be enough for anyone to develop their own strategy. it could take just a year for someone to see patterns of how the market will react in any event because the market will always do what it does. it's always a cycle that when it goes up it always goes down just as if it's overbought, it will need to go down.

if i lose every time, i will definitely need a new indicator that will help me identify when i need to sell and buy. a combination of indicators will help.
hero member
Activity: 2828
Merit: 611
September 20, 2021, 03:42:11 PM
#41
recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.
I guess your strategy might got outdated according to the current market conditions. It means that your strategy requires some modifications so that it could withstand against current level of volatility of crypto space. I remember many traders had complained like this because those people never find time to continuously updating themselves and their strategy as well.

Now is the time to change it because the crypto market always follows a new strategy.
It is not crypto market but it is crypto traders. Just because of traders are switching over to something new and advanced, market must be behaving completely different from how it was doing some years back. So, the traders who are still sticking with the old strategy might be finding difficulties to make profits.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
September 20, 2021, 02:27:14 PM
#40
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

Not every time the same strategy will work in trading as the market is not predictable. If that works then everyone will follow it. This is the time for you to learn some new things that you have not learnt till now. Take your time in analyzing where you are failing. Its not wrong in failing again and again. Its a another process to get perfect. Watch your trades very closure. Find out your mistakes and try to change your way of moving around. In trading, more of logic works out.
sr. member
Activity: 784
Merit: 252
September 20, 2021, 02:25:13 PM
#39
Why use only that strategy? many options that you can use in trading. Don't just because the strategy was effective 2 years ago and you still don't adjust to current market conditions. So stay realistic in taking profits, trades need to be taken advantage of. But that's the cycle, you just need to renovate the trading strategy and pay attention to the various factors that affect the coin being traded.

Maybe his old strategy doesn't work in the current market conditions anymore. He needs to check also the coin itself. Because if he is losing, it means, he maybe had no idea what is happening to that project. In this market, we can't always expect the same strategy to work every time we do the trading as there are various factors in play. The market is changing and evolving and we can't rely on old tactics anymore. The OP should revisit such strategy and assess why it is not working anymore.

Well, you are right that all strategies need the OP to try before concluding that what he has been through for a long time actually made him no longer believe in crypto trading, even though the crypto cycle has been like that. It's just that every effective strategy is based on various altcoins. OP needs to add more trading strategy options. And a lot of advice that the OP needs to note here, he gets quite useful trading strategy options from the seniors.
sr. member
Activity: 1484
Merit: 264
Next Generation Web3 Casino
September 20, 2021, 02:22:03 PM
#38
You followed the same strategy for long time and your strategy has become obsolete. I think you have made a lot of profit by following this strategy. Now is the time to change it because the crypto market always follows a new strategy.
hero member
Activity: 2212
Merit: 786
September 20, 2021, 02:00:33 PM
#37
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

I find this very interesting. With 3-4 years of experience on trading, you should have at least grasped the fundamentals and basics of the trade. You should also have a clear idea about the market of cryptocurrencies about their movement on prices as well.

But as most have mentioned, there is no absolute formula in order to crack the tricks of trading. If such formula were to exist, then most likely all people would have been rich by now. Continue striving and trading (with minimal capital to avoid loss) in order to try and feel the market.
sr. member
Activity: 1484
Merit: 277
September 20, 2021, 10:34:33 AM
#36
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

I wanted to guide you mate, but I myself was also need guidance from those traders who also got so skilled from trading. Maybe I could help you through some sort of advices, it could be tips or methods to apply with in order to become successful. This is really important when you're going to buy and sell, because in times of taking opportunities buying with minimal percentage should be followed. Also with selling, once you failed to do it you'll tend to lose a lot of money all over again.
sr. member
Activity: 1190
Merit: 253
September 20, 2021, 09:32:10 AM
#35
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

Loosing money here cryptocurrency is unavoidable, in short it will always be a part an as an individual traders. Not all the time price in the market is always up, just like what in the present now most of the price value is in downtrend, where the thing we can only do for now is to hold until the price goes up again. The reason is because of the volatility of course.
full member
Activity: 1121
Merit: 100
September 20, 2021, 05:40:35 AM
#34
I am aslo trading since 2017. Few times I lose and many times I get profit by the investing of short process or long term and still waiting for my profit. Be patient and most important that you should get more information and know much knowledge which coin you invest. So, you should read more news about the coins which you invest your money for long term or short term.
legendary
Activity: 2842
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 20, 2021, 04:32:58 AM
#33
recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.
I do hear many traders are sharing same kind of problem like their strategy is suddenly not effective like before. One of the probable reason for this must be, the ever-changing market fluctuations and tough competition among traders might be making your strategy inefficient. So, you're not alone but you need to reduce your lot sizes or must need to stop your trading for some time temporarily.

Probable solutions:
1. Switch over to new advanced strategy.
2. Improve your current strategy by enhancing its parameters like increasing time frame or or by adding some more criteria to enter and exit positions.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
September 19, 2021, 09:46:37 PM
#32
Well if you were always earning money I'd reckon there's something wrong with the market you're trading in or it's that you're just damn good at market analysis and pretty lucky as well. Trading changed man, it's nothing new, I'd guess it's high time for you to actually start changing your strategy since in the first place, sticking to a single strategy for a long period of time in trading is a bad move. It's like you're still using landline phones in this day and age when the majority of people use mobile phones and the internet. You have to adjust to the market, not the otherway around.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 19, 2021, 09:33:03 PM
#31
Trading strategy changed with time. If you are a big investor try to use binance. There are two ways you can earn big and very low chances if loss.
1: try to buy gainers coin when at down to EMA1. These gainers coin have high chancea to again break ath in 15 minutes.
2: search upgrade news of top coin on twitter. Buy coin before binance anounce support of upgradation.
When binance announce yku Will get easily  20%-50%
sr. member
Activity: 2338
Merit: 338
September 19, 2021, 07:44:50 PM
#30
If that only will happen to you every trade, for me, I can't imagine continuing it. That was a sign that trading wasn't for us, we can do nothing to change it but rather to stop and look for an opportunity where it fits us and this trading obviously is not.

We don't get jealous of the other traders who made it so well and get a huge profit as it was meant for them. Maybe there is something with you that stops you from achieving your goal and in decision-making which is mostly found to be the reason for all of this. Better to stop and found those things that give you a reason for this and correct it, maybe this could help.
full member
Activity: 1848
Merit: 158
September 19, 2021, 06:52:44 PM
#29
Why use only that strategy? many options that you can use in trading. Don't just because the strategy was effective 2 years ago and you still don't adjust to current market conditions. So stay realistic in taking profits, trades need to be taken advantage of. But that's the cycle, you just need to renovate the trading strategy and pay attention to the various factors that affect the coin being traded.

Maybe his old strategy doesn't work in the current market conditions anymore. He needs to check also the coin itself. Because if he is losing, it means, he maybe had no idea what is happening to that project. In this market, we can't always expect the same strategy to work every time we do the trading as there are various factors in play. The market is changing and evolving and we can't rely on old tactics anymore. The OP should revisit such strategy and assess why it is not working anymore.
hero member
Activity: 2520
Merit: 783
September 19, 2021, 05:49:49 PM
#28
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.

Don't know what happen to you but if you see constant changes happening on the market maybe you should change your strategy and also crypto market is so unpredictable so you need to adopt the changes happening on the market so that you can possibly earn. And for the span of 3-4 years for sure you adopt the market flow but unfortunately you stick with your current strategy which doesn't give any guarantee in the long run since market didn't move according to what we plan so adopt and change your strategy from time to time and base to what market shows to us on daily,weekly or even on monthly basis.
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