Continuously Loosing money in Trading!!!! - page 7.

martina14

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Quote from: zanezane on September 29, 2021, 01:16:35 AM

Quote from: checkmatesir on September 27, 2021, 11:11:26 AM

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Yes, strategy is the most important part of trading it is easy to master the techniques and reduce the risk if you trade using your knowledge and intellect. If you are afraid of losing money stay calm for a while if you analyze the charts you will be less likely to lose money.

But the problems is the majority of the new traders who came up here in crypto trading they never know how to become prepared or aware
and doesn't know how to analyze the chart while reading it in the actual movement happen in the market. Where it leads them to be
confuse in the end. Then at the end of the day they loss their assets.

Johnyz

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Quote from: Tygomi on October 07, 2021, 06:18:16 AM

I personally think that one should always take into account the general situation and look more extensively.

Analyze more is the key and your knowledge should continue to grow especially getting the updated trend and using that you can be more effective in trading. The strategy that you have years ago might not work right now so better to have a new up and always be updated, losing is normal but if its consistent you must have a new strategy, just keep trading effectively because if you lose big better not to trade at all.

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Quote from: Tygomi on October 07, 2021, 06:18:16 AM

I personally think that one should always take into account the general situation and look more extensively.

The market is constantly making changes and so you have to adopt it, otherwise you'll be left behind. And even how good you are in trading, as long as your strategies does not fit anymore with the market's condition, then it will not yield profits anymore. It's really a must to update your strategies every now and then because the market keeps improving in time. But if you think your strategies are still working, but the problem is on you, then you should change your mindset and set a new goal that will fit to the market's condition.

Tygomi

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I personally think that one should always take into account the general situation and look more extensively.

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Quote from: zanezane on September 29, 2021, 01:16:35 AM

Quote from: checkmatesir on September 27, 2021, 11:11:26 AM

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Sometimes the strategy has nothing to do with the reason why people lose money, in the past I have seen successful traders claiming that they could publish their strategy to make money in the markets and that almost no one will follow it, but why? Is it because people do not want to follow the strategies of successful investors? Not really, they want to do it but as soon as money is on the line they get nervous and just when they need to follow their strategy the most they do not and begin to improvise.

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Quote from: zanezane on September 29, 2021, 01:16:35 AM

Quote from: checkmatesir on September 27, 2021, 11:11:26 AM

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Yes, strategy is the most important part of trading it is easy to master the techniques and reduce the risk if you trade using your knowledge and intellect. If you are afraid of losing money stay calm for a while if you analyze the charts you will be less likely to lose money.

If you are done dealing with your analysis, it's best to calm yourself down if there's something unusual that happened inside the market, the chance that whales are playing is very possible, your knowledge will allow you to calm even there's downfall.

Use every venue of information while creating your own strategy, less risk if you do things step by step and not to rush everything.

Quote from: zaesvlas on September 30, 2021, 03:02:44 AM

It is very sad to read such messages, in fact. I would like the uttraders to succeed. In any case, if you see that the result of your work is losses, try to analyze the cause of these losses.

If it's not for you then it won't happened, I mean if you keep losing even you already done doing your analysis, and it keep happening from time to time, it is much better to switch career and forget about it.

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Quote from: zaesvlas on September 30, 2021, 03:02:44 AM

It is very sad to read such messages, in fact.

It happens and that's the reality.

Quote from: zaesvlas on September 30, 2021, 03:02:44 AM

I would like the uttraders to succeed. In any case, if you see that the result of your work is losses, try to analyze the cause of these losses.

The result will determine that it's because of his strategies that no longer work. He has to restrategize and change what he has been doing as he trades.

That will be the only way to at least improve.

zaesvlas

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It is very sad to read such messages, in fact. I would like the uttraders to succeed. In any case, if you see that the result of your work is losses, try to analyze the cause of these losses.

john_nautica

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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.

Sometimes using the strategy is not good, every strategy has its own use at a certain time. What I mean there is some strategy that is much better to the current market and there are some strategy that is bad for the current market but good in the other market, my suggestion is don't limit yourself to one strategy. Go study and explore more strategy that you can use to different market situations.

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Quote from: zanezane on September 29, 2021, 01:16:35 AM

Quote from: checkmatesir on September 27, 2021, 11:11:26 AM

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Yes some of thet the general and conventional strategies can still work but they need some modifications by the individual. You need to monitor the changes and challenges of the present market to the trading plans to know what is not working and that which is working. The times have changed but the indicators still remaining the same, we however need better ways to tackle the market price. All the indicators have parameters and they are there for adjustment.

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Quote from: checkmatesir on September 27, 2021, 11:11:26 AM

In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

Some strategies might still work though as some of them are pretty much generalized so everyone can use it, but you're right that we should create our own strategy so we can get it to our specifications. If you're continuously losing money when your trading, you better evaluate your strategy and see what's making you lose.

Rajamuda

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The current conditions do make some traders overwhelmed, as a trader.. of course you have to be able to prepare from the beginning to deal with some price movement situations that may occur.
The same strategy does not guarantee profits, sometimes we do have to prepare a backup strategy at a certain time. Just don't put a lot of capital in trading nowadays except investment, and be careful you can get keep losing because of picking the wrong coins.

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Quote from: Pom_bensin on September 24, 2021, 10:38:35 PM

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.

in trading you can't use one strategy. the crypto market is always volatile in price and volatility. you should always update your strategy, or you should prepare your backup technique strategy because that is the only way to get back your lost money. so I think improve your strategy and try to analyze your mistakes to serve as improvements in the future.

While not wrong at the same time people need to remember to backtest their strategies all the time, after all there are many people with countless strategies but they do not have any idea if their strategies actually work, so it is better to only have one strategy that you have actually backtested than to have multiple strategies that you do not know if they are profitable or not, however if you can have both and you have several strategies while at the same time you have backtested each one of them and you know they are successful then that is the ideal scenario, because that way you can use the strategy that better fits the market at the moment.

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Quote from: LUCKMCFLY on September 27, 2021, 04:17:19 PM

Quote from: Luqman on September 21, 2021, 05:38:30 PM

Quote from: Issa56 on September 21, 2021, 03:57:03 PM

I think if a particular strategy is not working again them I believe you should change it, maybe due to current market situation that's why your strategy is no more functional

True. His trading strategy doesn't work well anymore. Not sure what his trading strategy is, but if it is no longer effective then should be changed. The current market situation may be one of the reasons leading to the ineffectiveness of a particular trading strategy. I recently changes my trading strategy and my goal in trading. Now, I set lower profits and only holding 1-2 days after I bought a coin.

In my case, establishing low profits depends on the type of balance I have, if I have a low balance I think the profits have been low and the risk is very minimal, but it would be excellent to have a sufficient balance to risk a little more , I believe that profits will always be good, no matter how few profits, the important thing is that they add to the balance sheet. If there are big profits it is because obviously a great time has been left in investment or that perhaps a lot has been leveraged to increase it. Well and in the case of establishing profits, you can search as many do, which is through percentages, I have seen that many traders will only focus on making 2 or 3% daily, which is not easy but it can be done. .

Better to take this amount of profits if you are aiming for short term or on a daily basis, not easy but doable with the right pattern to follow and with a good mindset to fulfil such goals. If you are into trading, you need to focus yourself with plans that you are really capable handling every risk that you are taking, you can't move forward if you are being influenced by doubts and fears, make sure to have a concrete plans before making any hard decisions. Be adjustable in times that you need to let go and allow yourself to cope up if losses happened. It's not easy, but if you are willing, you can always earn back with the right timing and right choice of assets to invest.

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Quote from: NicNacCoin on September 27, 2021, 11:21:06 AM

Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

Did something like that happen? I think if he has learned, they will know and understand risk then risk management. Looks like it won't keep repeating itself, it's the same as being unthinking not learnig.
It is true that in trading we cannot profit continuously, sometimes there are mistakes, and that is what makes us evaluate what we are doing. After evaluating, of course there will be steps to change, do it continuously, I'm sure losses will not come every trading.

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Quote from: NicNacCoin on September 27, 2021, 11:21:06 AM

Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

I think that OP has been making profits though in his 3-4 years trading experience so he has really ideas on how to make his trading profitable. But it's just 2 years from now that he is frequently making losses and i think there is something wrong with his strategy being used. He should have change it before it can make him lose another huge profits. While the market keeps on changing due to uncontrolled market's situations so he should adopt with the changes that has been happening. If the strategy is not worth using already, then its a sign that he should start using another one that will create more profits rather than losses. Not just the strategy alone, but even the trader itself should also learn to adopt the changes so he can drive with the market's unpredictable changes that will happen from time to time.

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Quote from: Luqman on September 21, 2021, 05:38:30 PM

Quote from: Issa56 on September 21, 2021, 03:57:03 PM

I think if a particular strategy is not working again them I believe you should change it, maybe due to current market situation that's why your strategy is no more functional

True. His trading strategy doesn't work well anymore. Not sure what his trading strategy is, but if it is no longer effective then should be changed. The current market situation may be one of the reasons leading to the ineffectiveness of a particular trading strategy. I recently changes my trading strategy and my goal in trading. Now, I set lower profits and only holding 1-2 days after I bought a coin.

In my case, establishing low profits depends on the type of balance I have, if I have a low balance I think the profits have been low and the risk is very minimal, but it would be excellent to have a sufficient balance to risk a little more , I believe that profits will always be good, no matter how few profits, the important thing is that they add to the balance sheet. If there are big profits it is because obviously a great time has been left in investment or that perhaps a lot has been leveraged to increase it. Well and in the case of establishing profits, you can search as many do, which is through percentages, I have seen that many traders will only focus on making 2 or 3% daily, which is not easy but it can be done. .

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Trading Platform constantly means people who have no idea or knowledge about cryptocurrency trading.They say have no knowledge of cryptocurrency trading and they lose their profits if the market dumps at one stage by taking a guess.People who don't know about crypto trading lose their profits.

checkmatesir

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In many of the previous posts about the trading I had seen so far in which there were some questions about the trading strategies , but this time I had to tell you that following the same strategies won't help you anymore, so you have to make new strategies for yourself and followed them for getting the profit.

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Sometimes we can't avoid failure. I've also felt that even though I have done like before when I got a profit. I had surrendered to the defeat and gave up but I believe that I should not experience continuous losses. I started to start a new strategy and it turned out to be quite successful. I realize that we cannot stick to certain strategies with this volatile crypto market, we need to upgrade new strategies so that we can follow the flow of the crypto market. Besides that, players are patient and more careful in deciding something, it is better to playing in the safe zone first to minimize big losses.

Topic: Continuously Loosing money in Trading!!!! - page 7. (Read 1419 times)