Continuously Loosing money in Trading!!!! - page 5.

DoublerHunter

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Quote from: blackened515 on November 04, 2021, 08:57:10 PM

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.

^ A one or two consecutive losses in a strategy is not good at all, you need to change it and find a better one that suits your trading activity.
There are too many strategies that can be used if you really want it and there is no need to repeat it once you have experienced a downside on a strategy. A good trader should always prefer a few strategies and not stick to one strategy because trading is not just easy of making money and actually, predicting the market price needs more tools to become an accurate one. As I suggest, gain more experience than making a lot of money in trading.

Hypnosis00

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Quote from: savetheFORUM on November 06, 2021, 12:42:43 PM

Quote from: blackened515 on November 04, 2021, 08:57:10 PM

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.

OP doing trading for some long time and suddenly now he is losing money continuously which is really matter of concern for him, so now he can do two things first try to change his strategy because sometime having same strategy can't work mean in early days have profit then suddenly all change in losing mean now time for change in strategy.

Secondly try to have some off days from this and then start again with fresh mind because trading is very epic thing sometime doing consistently having many side effects so having some break is also very good for traders this will give some good change in mind and freshness can bring some positive impact on your way of trading.

That he needs to check what went wrong with his strategy or that become obsolete due to market changes comes. This becomes possible as the nature of market demand and supply had also changed and that it needs to adjust otherwise we can't make a good trade and instead of losing.

Yes, that I thought OP needs time to calm down and have a rest for a while. Maybe he got stressed out himself and that cause him not to analyze and think carefully. This becomes a huge factor (stress) that could affect the result of our analysis and so our decision-making.

savetheFORUM

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Quote from: blackened515 on November 04, 2021, 08:57:10 PM

If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.

OP doing trading for some long time and suddenly now he is losing money continuously which is really matter of concern for him, so now he can do two things first try to change his strategy because sometime having same strategy can't work mean in early days have profit then suddenly all change in losing mean now time for change in strategy.

Secondly try to have some off days from this and then start again with fresh mind because trading is very epic thing sometime doing consistently having many side effects so having some break is also very good for traders this will give some good change in mind and freshness can bring some positive impact on your way of trading.

blackened515

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If you are losing money continuously with the same strategy, why not change your strategy. Yes, you have to make a good and solid strategy. And also you should know when to get into a trade, and also when to exit from a trade. Make good research on any Crypto you want to invest in before putting in money. Although, losing in trading is normal, but you have to minimize the number of lost you face while trading. However, you have to take a break and detect why you are losing more, figure out the problem, because without knowing the problem, you can't probably find solution.

Lordhermes

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Are you always loosing money in trading? Are you always a victim of not knowing when to trade? There are several things you need to know about trading that you have not known,that is why you are loosing,and if there is nothing done about it,there is every possibility that you will continue loosing.
You must be a constant researcher.As a trader you are,you must familiarise yourself with the current methods been used or strategies been used to make profit.
You must make contact with people that have failed before,and are now succeeding.
You must have a strategy that seems to work for you,and compare it with people's strategy,and with these,you will hardly loose.

Sihab76

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Quote from: devlin85 on September 18, 2021, 11:37:58 PM

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.

Even though you have two to three years of trading experience, you can sometimes face losses. In this case you need to make a proper plan on technical analysis and trading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.

Torps1

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Quote from: devlin85 on September 18, 2021, 11:37:58 PM

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.

That's pathetic but you can take a break. I guess you must be under pressure to recover your lost funds which is eventually leading to more loss. Try and keep your emotions under check.

Never fight the market, if you notice a change in your trading journey, then take a break and go for more knowledge.
Remember, there's no champion in trading and again, past setups/strategies doesn't always guarantee you a win.

I wish you well.

DOH!

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A trade is an opportunistic action that is predictable on a permissive basis using a combination of diagnostic tools. But completely difficult for me, because of the high transaction speed and volatility of crypto. It is clearly not suitable for those who want to win but have little experience. Instead of losing time and always losing money in trading, I chose the form of Long-term Investment, quick reinvestment with Launcpad / IDO model. It is quite reasonable to accept the change for ordinary traders. However, passion also determines the odds of increasing for those patiently wanting to build. Out of all my friends, they almost only lose at the beginning and choose to give up or patiently learn higher trading.

Mahanton

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Quote from: Hobo66 on November 03, 2021, 11:10:55 AM

I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

There's always a border line for everything and not all would really be that patient enough to make things even more becomes worst or losing up even
more which i could really say that stopping completely wont really be that a bad decision because there is something which we arent really that good
with that no matter how hard we do try but still ending up on being a failure which its not really not bad on taking such step.
Losing money in trading is normal and thats why we should do our best with this one.

Rehan Zakir

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Brother I suggest you to change your style of trading. Because if you are not getting success then you can change your style of trading. Because peoples earn a lot of money by this trading. And you are doing a mistake that you always do to took a heavy profit and in result you get loss. So, learn trading rules and techniques that then start it

livingfree

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Quote from: Hobo66 on November 03, 2021, 11:10:55 AM

I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

Those that don't set stop loss, they're amateurs.

But those professional traders, they're the ones that are using stop loss for good. It's simply cutting losses and these traders know how important it is to stop the hole of their trades and balance.

It's the simple strategy yet helpful.

Hobo66

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I would like to say that losing money is totally related with the trading plans. Sometimes individuals does not set a stop loss and they loss big part of their money. Other thing is that they does not give attention and do not concentrate on trading. It does not sound good for those who just trade in their free time. May be you are not using specific indicator. So you should alter your way of trading then you will definitely get profit.

Lanatsa

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Quote from: Ianlanim on October 18, 2021, 02:47:46 AM

It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

Don't expect for sudden or assured U-turn whenever you do make out some reverse of your strategies because the market is unpredictable but somehow this idea is really worth to test on because trading

is an activity which it does really require lots of trial and error until you do end up on getting a good grasp of it but of course that wont really be that simple.Just continue and try to learn up something

on each losses or mistakes that you do commit but when its really happening on excessive manner then it isn't bad to take a break.

Ziskinberg

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Quote from: Fredomago on October 18, 2021, 01:49:01 PM

Quote from: xSkylarx on October 17, 2021, 11:54:29 PM

Quote from: crzy on October 17, 2021, 04:52:19 PM

Quote from: martina14 on October 17, 2021, 03:26:55 PM

snip....

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

A good part of your journey, when you managed to adjust and enhance your strategy, those lapses will bring good conversions to your trading experienced. It's not easy though because there are so many factors that really affect your result from time to time. Being keen and willing to do better is a good sign that you are increasing your chance to succeed.

by keeping yourself aware in every market situation, you are moving to the right track. There are patterns that will help to survive. Make sure to use it as your advantages,.

Losing is just a part of success, if you know how to treat it the right way.

We can never escape from losing if we don't take action to correct our mistakes and lapses, and no way we're able to succeed, that was the fact in trading. If we are also aware of our situation most likely we do something to change it just for the sake of survival otherwise, we just fail and lose our money too quickly.
Trading isn't for everyone, we have to accept this and I think we can do an assessment to ourselves if we can really do this. We can take for the 2nd or 3rd try but if there is no improvement to see, I think we should have to quit which is the smartest idea rather than to curse ourselves.

Stedsm

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Either change your strategy or change your mindset of quick profits. If you can't wait with your position for at least a few weeks (in well-worth coins), then you're not a trader but a day-trader. And losses are common in a day-trader's life. It's better for you to stay away from trading, and calm down. Learn some patience through meditation and yoga, and then try your hands on trading again. Eh, but don't leave the markets now as it's already in bull trend so you will make money. Just be cautious with what you're buying. A little bit of DYOR will help.

Fredomago

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Quote from: xSkylarx on October 17, 2021, 11:54:29 PM

Quote from: crzy on October 17, 2021, 04:52:19 PM

Quote from: martina14 on October 17, 2021, 03:26:55 PM

If the time is changing, and the market price changed most often, that means our strategy must also be change as always.
Our strategy should apply depending in the scenario of the movement in the price. So, therefore, in your case, you need to change your way
of doing trade right now, due to its not effective obviously.

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

A good part of your journey, when you managed to adjust and enhance your strategy, those lapses will bring good conversions to your trading experienced. It's not easy though because there are so many factors that really affect your result from time to time. Being keen and willing to do better is a good sign that you are increasing your chance to succeed.

by keeping yourself aware in every market situation, you are moving to the right track. There are patterns that will help to survive. Make sure to use it as your advantages,.

Losing is just a part of success, if you know how to treat it the right way.

sana54210

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Quote from: xSkylarx on October 17, 2021, 11:54:29 PM

I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

Backtesting is good only up to a level as market may not remain and behave same for all the times. Market behavior will change according to number of traders participating in one particular day which is the reason that we should not completely rely on backtesting. To understand one strategy we can go for the backtesting but that doesn't provide any guarantee for that strategy.

Quote from: Ianlanim on October 18, 2021, 02:47:46 AM

It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

Yeah I agree; when you are unable to control your losses then you must stop your trading and start looking for re-evaluating your strategy by testing it against market conditions. Sometimes a strategy might get older against market volatility which is the reason it might fail time to time. Traders who are all updating themselves continuously may not face such problems.

Ianlanim

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It seems to me that you just need to make some adjustments to the strategy, and then it will continue to work.

xSkylarx

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Quote from: crzy on October 17, 2021, 04:52:19 PM

Quote from: martina14 on October 17, 2021, 03:26:55 PM

If the time is changing, and the market price changed most often, that means our strategy must also be change as always.
Our strategy should apply depending in the scenario of the movement in the price. So, therefore, in your case, you need to change your way
of doing trade right now, due to its not effective obviously.

We should always update our strategy because of we are in a fast growing market especially in trading where volatility is too high. If there’s a continuous lose in trading, something is bad with your strategy or you miss something on your analysis, just try the other way and be better on your trades.

You can only win if you practice. Backtest your strategy to see if it's really working, because if you don't know how to do so, you'll end up losing. I spend a lot of time backtesting and the majority of the results are positive, but the problem is that I always get into a trade when one of my strategies fails, which is why I lose.

Victorycoin

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If you want to trade you have to do both profit and loss, But if you are constantly losing the money you must realize that there is something wrong with managing your trading. I think your need to focus more deeply if you want to trade and if you are not focused then you will face a lot more loss. you can also take the help of someone who has many years of experience in trading so you can make some recovery.

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