Do you run when you fail or loose in a trade? - page 2.

monineklutak

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Activity: 1890

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The OGz Club

Quote from: lienfaye on July 20, 2021, 04:02:32 AM

Losing money in trading is really depressing but its a part of being a trader that we need to deal with. Such experience is just a trial and can give us a lesson that we can use the next time we trade again.

Those people who quit and turn their back probably realize that trading is not the career that they want to pursue. For me you cant gain anything if you didnt feel a pain, thus if you fail it doesnt mean its the end because it can also be the start to change the past and to do better this time.

I agree with what you say and if we really want to be successful in trading we don't have to run,
running will not solve the problem and instead it can create new problems,
after all losing money is a normal thing i think and part of trading and investing even though losing money is a bad thing but we can learn from it

lienfaye

hero member

Activity: 3010

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Losing money in trading is really depressing but its a part of being a trader that we need to deal with. Such experience is just a trial and can give us a lesson that we can use the next time we trade again.

Those people who quit and turn their back probably realize that trading is not the career that they want to pursue. For me you cant gain anything if you didnt feel a pain, thus if you fail it doesnt mean its the end because it can also be the start to change the past and to do better this time.

JillianTaft

member

Activity: 135

Merit: 16

I will not choose to escape. I often succeed in constant trial and error. When I entered the field of encryption, I understood that there were risks. If you want to make a considerable profit, you must be able to withstand the wrong operation at the time of loss, you cannot bear the consequences, and you will not be eligible for profit. Loss is normal, but only by accumulating experience and learning can losses and risks be reduced. It is impossible to obtain wealth by luck.

CryptocurencyKing

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Even with the many years of experience, there is every chance that you could fail again and again. Success has got no guarantees even when you put in a lot of work but then, the least work you don't put in is all that is needed to fail. Again, there is more lesson in failure than in Success and the way you react to it determines either your going to turn out a winner or a looser. This is one of the most distinguishing factor between winners and loosers and its why most persons can't be winners becuase, they don't just go the extra length to know why they failed in the first place. Instead, they just give up and by so doing, they become the very failure they wish so hard not to be. Building experience is important and it is sure to help.

DibiaVxosis

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Activity: 187

Merit: 10

Such a bad experience, i have been in same situation not just once but thrice, i always try building my account to a certain point and in return there get liquidated, the last experience almost made me flew away from crypto but due to the belief and trust i had for crypto i took a break and came back this time with more energy but trying as much as possible not to make same mistakes again, by doing so i will keep building, giving up is not the best option.

South Park

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I am terrible at Fantasy Football!!!

Quote from: NicNacCoin on July 15, 2021, 10:31:07 PM

Trading always learnable and none can gather all experienced In an instant time. First time I lost my dollars at trading but now I gathered knowledge and experienced that I already profited instead of loses.

I am not so sure that I agree, in theory every single piece of knowledge available not only about the markets but about everything else can be learned by everyone, but the evidence shows this is not the case otherwise the majority of the people of the world will be geniuses, so learning the skills to become a good trader is difficult and even then there is no guarantee that you will become successful as trading requires that you perform under duress and that is something really difficult to do.

Shasha80

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Activity: 1876

Merit: 318

Quote from: boyptc on July 16, 2021, 06:19:12 AM

Quote from: Shasha80 on July 15, 2021, 09:19:33 PM

People who always run from failure, they are those who have a weak mentality and it will be difficult to become a successful person. Likewise, when
we experience failure when trading, do not immediately give up, at least make an effort to be able to correct trading mistakes. I agree to get good
results in trading, we really need to learn from every failure we experience. In order to be able to analyze the market better, because it is not easy
to make money through trading.

Either weak mentality or they're just wise enough to understand that there's else better than this.

We can't blame them for having that thought and if they've left already, that's good for them so they can find another opportunity which might be better for them.

Indeed some people are wise enough to admit that trading is not for them, but the problem is that some people are also too quick to conclude that
trading is not for them. Even though they have not made maximum efforts to become successful traders, I think we can wisely say trading is not
for us, after learning how to analyze and do some good research. Then we have followed all the basic rules of trading, but the result is continuous
losses. If that's the case, I understand that maybe trading is not for us.

Golftech

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Activity: 2128

Merit: 520

Quote from: Menawi12 on July 17, 2021, 10:52:59 AM

Quote from: Maslate on July 17, 2021, 04:23:23 AM

I lost $100 for my first try, I really think about quitting and I really did. But I'd realize that quitting could make me not to recover my losses, so I come back. But this time, I'm already backup with knowledge and now fully understand the market.

you take correct decision , why we have to so easy give in market that potentially could give us huge profits in future? Maybe you are lucky if compared with another traders that have loss more than $100 for their first trade. Our loss must be good lesson and experience that our preparation in knowledge was very important to survive in market.

Better decision making and good analysis while you are still inside this market, quitting is for those who realized that

trading is not for them. Not everyone have the capabilities not even you push your luck harder if you failed to recognized

the right patterns there's nothing for you in this kind of business.

Menawi12

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Activity: 700

Merit: 10

Quote from: Maslate on July 17, 2021, 04:23:23 AM

I lost $100 for my first try, I really think about quitting and I really did. But I'd realize that quitting could make me not to recover my losses, so I come back. But this time, I'm already backup with knowledge and now fully understand the market.

you take correct decision , why we have to so easy give in market that potentially could give us huge profits in future? Maybe you are lucky if compared with another traders that have loss more than $100 for their first trade. Our loss must be good lesson and experience that our preparation in knowledge was very important to survive in market.

sherenikaw

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Activity: 630

Merit: 10

rocket.hashbon.com

That's the importance before starting trading we must be really mentally prepared. Mentality is important where when we get a loss, then we have to be strong too. It takes effort to get the best results and so does trading. There is nothing that can be obtained easily. All of that requires a process and also learning. In the world of trading many people are too hasty to sell their coins when the price drops so that it causes losses. That can happen if we can't be patient and don't observe the market well. That's why learning is very important, if you lose don't give up easily but make the defeat the spear of the next victory.

Maslate

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Message @Hhampuz if you are looking for a CM!

Quote from: Cling18 on July 16, 2021, 07:11:08 AM

Quote from: NicNacCoin on July 15, 2021, 10:31:07 PM

Trading is always learnable and none can gather all experienced In an instant time. The first time I lost my dollars at trading but now I gathered knowledge and experienced that I already profited instead of loses.

Most people are blinded by the risks of trading not knowing how it could be profitable if they would have enough knowledge about it. It's a long process of learning and saying negative things about it wouldn't help. People who have a bad mentality when it comes to trading are those who are afraid to take a risk or have failed at it because of not having the willingness to learn everything about it.

Yes, it was and they have been influenced by others saying that they can make money for trading. Apparently, they find it wrong once they are doing it by themselves. It was really unfortunate how these people become blinded by the word MONEY without knowing how many losses they've got first before making a profit.

I lost $100 for my first try, I really think about quitting and I really did. But I'd realize that quitting could make me not to recover my losses, so I come back. But this time, I'm already backup with knowledge and now fully understand the market.

Cling18

full member

Activity: 1708

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Quote from: NicNacCoin on July 15, 2021, 10:31:07 PM

Trading is always learnable and none can gather all experienced In an instant time. The first time I lost my dollars at trading but now I gathered knowledge and experienced that I already profited instead of loses.

Most people are blinded by the risks of trading not knowing how it could be profitable if they would have enough knowledge about it. It's a long process of learning and saying negative things about it wouldn't help. People who have a bad mentality when it comes to trading are those who are afraid to take a risk or have failed at it because of not having the willingness to learn everything about it.

boyptc

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Activity: 3024

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Shasha80 on July 15, 2021, 09:19:33 PM

Quote from: boyptc on July 15, 2021, 07:46:22 PM

Quote from: South Park on July 15, 2021, 03:45:15 PM

Quote from: boyptc on July 13, 2021, 03:22:50 AM

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

They don't do much effort because they've already gave up and think that it's not really the market for them.

It's one of the reason and the other one understands that it's not an easy way to make money and you need to gain lessons first and analysis for you to have good results.

People who always run from failure, they are those who have a weak mentality and it will be difficult to become a successful person. Likewise, when
we experience failure when trading, do not immediately give up, at least make an effort to be able to correct trading mistakes. I agree to get good
results in trading, we really need to learn from every failure we experience. In order to be able to analyze the market better, because it is not easy
to make money through trading.

Either weak mentality or they're just wise enough to understand that there's else better than this.

We can't blame them for having that thought and if they've left already, that's good for them so they can find another opportunity which might be better for them.

NicNacCoin

sr. member

Activity: 1344

Merit: 451

Trading always learnable and none can gather all experienced In an instant time. First time I lost my dollars at trading but now I gathered knowledge and experienced that I already profited instead of loses.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: boyptc on July 15, 2021, 07:46:22 PM

Quote from: South Park on July 15, 2021, 03:45:15 PM

Quote from: boyptc on July 13, 2021, 03:22:50 AM

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

They don't do much effort because they've already gave up and think that it's not really the market for them.

It's one of the reason and the other one understands that it's not an easy way to make money and you need to gain lessons first and analysis for you to have good results.

People who always run from failure, they are those who have a weak mentality and it will be difficult to become a successful person. Likewise, when
we experience failure when trading, do not immediately give up, at least make an effort to be able to correct trading mistakes. I agree to get good
results in trading, we really need to learn from every failure we experience. In order to be able to analyze the market better, because it is not easy
to make money through trading.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: South Park on July 15, 2021, 03:45:15 PM

Quote from: boyptc on July 13, 2021, 03:22:50 AM

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

They don't do much effort because they've already gave up and think that it's not really the market for them.

It's one of the reason and the other one understands that it's not an easy way to make money and you need to gain lessons first and analysis for you to have good results.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: South Park on July 15, 2021, 03:45:15 PM

Quote from: boyptc on July 13, 2021, 03:22:50 AM

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

Try to make yourself sustainable and able to endure lots of challenges that you could possibly face in the market since this is a market which volatility is really very wild.
When you do commit mistake or have a losing trade then go back and see off on where you do commit mistakes neither you do miss out to sell and secure profits
or you do make yourself caught in the dump.

Learn everything and gain experience and this is a continous process or would be a long time as you go ahead further.You wouldnt learn if you wont accept and realize your
mistakes.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: boyptc on July 13, 2021, 03:22:50 AM

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

Kimonoe

member

Activity: 700

Merit: 10

I am still in the stage of learning to trade, so when I lose it is a valuable lesson to be able to understand the market. I am sure that if we try, we will certainly get changes, so that later from trading I can prepare for retirement. so beautiful we work without being bound by time, and have financial freedom. Sooner or later I will definitely achieve my goal

coiner-88

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Activity: 537

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In spite of the fact that it's something like betting however not completely rely upon your karma. For crypto exchanging it doesn't simply rely upon karma, we ought to have fundamental information about the crypto pattern. Exchanging isn't simple and not every person ought to be associated with it. Numerous individuals are insatiable on the grounds that they feel that cash can be produced using exchanging yet only one out of every odd body have the energy.

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