Topic: Continuously Loosing money in Trading!!!! - page 2. (Read 1419 times)
In this situation, I can only say that the strategy for which there were successful deals does not work. But I can only say that for many years I have just been successful in trading. And personally, I can say that in order to successfully trade on the stock exchange and be in the black, you need strong patience and an accurate forecast. Since all subsequent transactions depend on this.
Before trading, you need to have sufficient knowledge to analyze the market, research and choose the cryptocurrency to be traded and develop an appropriate trading strategy. The crypto market is constantly changing over time. It is necessary to find the reason from the failure and then update and improve the strategy to avoid long-term losses
When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.
us to lose money unless if you are addicted to it then you would really be continuing on doing that which would really be an unfortunate stuff that you do need to deal off with.
If you do lose then try to study and analyze on why it did happen and then making yourself more better as you do progress or go ahead.
Losing is part but you could lessen out those odds via experience.
Yes, it is for that reason that always when I trade it is only 3 trades and according to that I realize if I have the understanding of the market, in case I lose it is because I am misunderstanding and it is time to change the strategy and not even Having a more correct vision, I am not going back to the market, there are currently many fundamentals in the world, there is a variant of covid-19 that has caused a lot of controversy and some countries in Europe have decided to close the borders and this type of event can affect the market strongly as "panic" causing many to sell, and for the most intelligent and who have the ability to buy they will do it cheaper, this is a good reason.
but dont try to be perfectionist because anytime this market could fucked you up real hard if you dont know on what you are doing. Be sensible and using up common sense
and be versatile on making out adjustments whenever those sudden change of events in the market which you could really utilize on.
Before trading, you need to have sufficient knowledge to analyze the market, research and choose the cryptocurrency to be traded and develop an appropriate trading strategy. The crypto market is constantly changing over time. It is necessary to find the reason from the failure and then update and improve the strategy to avoid long-term losses
When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.
us to lose money unless if you are addicted to it then you would really be continuing on doing that which would really be an unfortunate stuff that you do need to deal off with.
If you do lose then try to study and analyze on why it did happen and then making yourself more better as you do progress or go ahead.
Losing is part but you could lessen out those odds via experience.
Yes, it is for that reason that always when I trade it is only 3 trades and according to that I realize if I have the understanding of the market, in case I lose it is because I am misunderstanding and it is time to change the strategy and not even Having a more correct vision, I am not going back to the market, there are currently many fundamentals in the world, there is a variant of covid-19 that has caused a lot of controversy and some countries in Europe have decided to close the borders and this type of event can affect the market strongly as "panic" causing many to sell, and for the most intelligent and who have the ability to buy they will do it cheaper, this is a good reason.
It's pretty alarming because you are trading for 3-4 years already and it seems that your losses are way too many than your profits. Maybe it's time for you to try other strategies in trading if you're not making any profits anymore in your old strategies. There are so many new approaches on making technical analysis that you might find interesting. Don't be afraid to get out of your comfort zone, that's my advice to you.
Trading is not for everyone, even experienced traders find day trading difficult at times. OP is doing trading for 3/4 years which means he is an experienced trader. If his technique for the last 2 years is not working right now then its better to change the strategy. My advice is go for HODLing if you find trading difficult right now, have some break and return with fresh mind.
The business sectors will get more brilliant and your technique will get more moronic as the time elapses. That is the reason you are losing cash now. It was simple before on the grounds that all you needed to do was long and you would of in all likelihood had a triumphant exchange. Anyway right now its difficult to determine what will occur.
Tough call to everyone aside from those big bag holders, they are in top upper hand in terms of bringing the market to their directions, if you can't play with how this sway is doing right now, better to stop and rest for a while, continuous losing is not a good way of business, you are here to make money and not to lose it.
In difficult time like this, your option is to relax and think deeper. Don't make any unnecessary step if you are unsure about your decision.
Free up some negative vibes, and try to find the right system that will work with this kind of market.
The business sectors will get more brilliant and your technique will get more moronic as the time elapses. That is the reason you are losing cash now. It was simple before on the grounds that all you needed to do was long and you would of in all likelihood had a triumphant exchange. Anyway right now its difficult to determine what will occur.
The mentality of proper trading involves neutrality you will not be associated with a trade or position without a chart don’t focus on winning or losing a trade once you start trading, you will notice that you are starting to get emotional and it tempts us to take trading mistakes such as over trading or too risky trading. And there is no alternative to price action trading to stop it managing your risk can be the most powerful tool that can ensure you remain neutral.
It's pretty alarming because you are trading for 3-4 years already and it seems that your losses are way too many than your profits. Maybe it's time for you to try other strategies in trading if you're not making any profits anymore in your old strategies. There are so many new approaches on making technical analysis that you might find interesting. Don't be afraid to get out of your comfort zone, that's my advice to you.
Losses in this industry are quite possible. The main thing is to understand how this can be avoided or how it can be covered.
It's not only about that but you need to use indicators and analysis. In trading, losing is common and it's always part of every traders experience. Also, another main thing is on how you're going to control your emotion as it's being told by everyone. If you don't control it, you're going to loss everything despite you have an idea how to avoid losing. 
The trading ability that your sister has seems still not fast enough to catch the real thing. Even though the price given is no different, I still support the FC. I don't think everyone has to vote for it, but it has been used to protest to Kiwi. I have told you to go forward to seek help, but there is no answer, yes, the framework will be renamed Septianadc.
Work hard for every gaol. If you have command on your work as well as the ways of your achievement then you can quickly and easily win that reward but if you do not even think about the thing in which you want to be successful then it will be your worst mistake and in this way it may be possible to get rid of your money. So if you want to make capital then your attention should be on future not on the past because past has gone now think what has to come after that.
There are usually ups and downs but then ensure you know your technical analysis well, don't be greed, set and follow your daily or weekly goals.
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 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.
Obviously, you need to change your strategy dude that's the only things I saw why your continuously loosing your coins, that means your old strategy was no longer effective anyway, try to change your tactics. And I don't know what methods you are using, but whatever it is make sure you can earn from it, good luck then!
There is no specific strategy will work in trading and I first time heard of you.
There is, those technical analysis works for many.For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy.
Even the best still falls. That's why those experienced can still have their downfall due to bad decisions that they'll apply with their trades. Someone can make a fortune within a less time of allocation and someone will have it the opposite. We have our own experiences and if someone is consistently losing, it's his problem to make it up. I suggest you have to quit for some days then change your strategy.
Before trading, you need to have sufficient knowledge to analyze the market, research and choose the cryptocurrency to be traded and develop an appropriate trading strategy. The crypto market is constantly changing over time. It is necessary to find the reason from the failure and then update and improve the strategy to avoid long-term losses
When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.
us to lose money unless if you are addicted to it then you would really be continuing on doing that which would really be an unfortunate stuff that you do need to deal off with.
If you do lose then try to study and analyze on why it did happen and then making yourself more better as you do progress or go ahead.
Losing is part but you could lessen out those odds via experience.
Before trading, you need to have sufficient knowledge to analyze the market, research and choose the cryptocurrency to be traded and develop an appropriate trading strategy. The crypto market is constantly changing over time. It is necessary to find the reason from the failure and then update and improve the strategy to avoid long-term losses
When a person gets used to losing it is dangerous, usually people fall into vice and the desire to recover the lost money makes them make or commit bigger and bigger mistakes, however there are times when it is better to be out of the market Until I understand what is happening, because otherwise it will become loss and loss and it is not the idea either, because in trading intelligence must be used a lot to make money, it happened to me that I make 3 trades and lose, there I assume my I lose and come back later, I never seek revenge with the market, besides that the market is very benevolent and there are always good entry opportunities to win.
There is no specific strategy will work in trading and I first time heard of you. For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy.
All would be trials and errors which is a very common thing that you would experience out as a trader.There would be no precise strategy would work constantly on which you should really be verstatileI suggest you have to quit for some days then change your strategy.
on every aspects because this isnt something that could be predicted even you do make out some profitable trades in the past on a fix strategy.
You should really prepare up yourself on losing money because its normal for a unpredictable market.Dont try to make yourself a perfectionist on where you dont consider
on committing losses.
Via experience you would really lessen out the risk on losing money in trading but not completely getting rid of it.
I dont see much wisdom in all these answers, they are replying to you not even knowing what your strategy is.
I can say you this, the answer lies in your question.
Since you are UP just make sure you wont go down, in simple terms that means take profit, dont forget the power of compounding, dont be too greedy because the market will allways give you an opportunity.
Do not give your profits to the market, trading and building your portfolio is a game of patience, I know that crypto gives much gains in a short period of time but if that distracts you than dont even go trading.
If you make a 5% 1 day wait for the market to show you a direction in a few days so you can make another 5% or more or less. go with the trend, as I said the market is allways here just make sure you have enough ammunition to shoot.
I can say you this, the answer lies in your question.
Since you are UP just make sure you wont go down, in simple terms that means take profit, dont forget the power of compounding, dont be too greedy because the market will allways give you an opportunity.
Do not give your profits to the market, trading and building your portfolio is a game of patience, I know that crypto gives much gains in a short period of time but if that distracts you than dont even go trading.
If you make a 5% 1 day wait for the market to show you a direction in a few days so you can make another 5% or more or less. go with the trend, as I said the market is allways here just make sure you have enough ammunition to shoot.
[quote author=devlin85 link=topic=5360699.msg57969827#msg57969827 date=1632026278
I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses),
[/quote]
If you are really in crypto trading for 3 to 4 years I am shocked why you are asking such a lame question. If after spending so many years in trading you aren't able to handle wild fire of trading then surely trading is not for you. Go and try other method of crypto investment like hodling, you will definitely love it.
I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses),
[/quote]
If you are really in crypto trading for 3 to 4 years I am shocked why you are asking such a lame question. If after spending so many years in trading you aren't able to handle wild fire of trading then surely trading is not for you. Go and try other method of crypto investment like hodling, you will definitely love it.
There is no specific strategy will work in trading and I first time heard of you. For 3-4 years it's long time you involved in crypto trading but suddenly why losses continuously in few weeks It's easy to find for yourself because you didn't mention here which strategy you followed.
I suggest you have to quit for some days then change your strategy.
I suggest you have to quit for some days then change your strategy.
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