Do you run when you fail or loose in a trade? - page 3.

carlfebz2

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Quote from: Ararbermas on July 14, 2021, 11:27:49 AM

Quote from: Victorycoin on July 14, 2021, 11:10:28 AM

it takes a lot of skill to start trading

when it comes skills for trading you can actually train your self by creating an account in any exchanges that offer free demo. It's very useful mate because to be honest, entering in trading is very difficult even you have knowledge how it works and etc because it's different when you're in it..so knowledge still useless if you don't have enough skills to handle any situation while trading. so better train your self always.

Demo is relevant but others do directly engage with the market on live trading which i can say to be that suggested if you do know how to manage your finances well.

Real deal with the market on actual live trades with real money is more challenging that playing with demo but at least talking about familiarization then this would be relevant.

Running is never be a solution because losses cant really be avoided.You should rather look back on why you had failed or lost that certain trade and this is
where you do gain experience.

lixer

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Quote from: jossiel on July 09, 2021, 08:23:00 AM

We all started from being a newbie and then with such experiences gained, we're learning from those experiences including the mistakes.

And those mistakes helps us to grow more in trading and how to handle such situations specially the harder ones with our trades and being pressured.

Honestly what kept me going this far is that after 8 years of being in crypto and probably been here longer than almost everyone I know, I still consider myself a newbie and that allowed me to profit a bit. Why? Because thanks to this I do not do crazy moves or chase high returns and I just make moves that look "stable" and "risk free" which is non-existent in crypto because everything is risky but I do not go buy 5343th coin in cmc or go 150x leverage on bitcoin, that way I collected a bit of crypto and this allowed me to profit, and more than I imagined as well because crypto is crazy and the prices go up a lot.

This means I end up doing more than what I hoped in crypto thanks to being scared of what I can do, most people are not worried, and that causes them to be brave but also make crazy moves that ends up losing them a lot of money as well.

Ararbermas

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Quote from: Victorycoin on July 14, 2021, 11:10:28 AM

it takes a lot of skill to start trading

when it comes skills for trading you can actually train your self by creating an account in any exchanges that offer free demo. It's very useful mate because to be honest, entering in trading is very difficult even you have knowledge how it works and etc because it's different when you're in it..so knowledge still useless if you don't have enough skills to handle any situation while trading. so better train your self always.

xSkylarx

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Quote from: boyptc on July 14, 2021, 06:59:07 AM

Quote from: conected on July 13, 2021, 11:08:26 AM

Quote from: boyptc on July 13, 2021, 02:22:50 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.

- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.

Yeah.

Likely hype catchers and they did a try and thought that it's going to be an easy deal to them. But they failed and chosen the better path for theirs and that's to stop and look for other opportunities elsewhere.

Haha right! some people want easy money like easy work/job. We all know if we talk to a normal person who dont know what trading is , their first impression is you are making a lot of money! Well they always think that trading is easy like if you have money and trade then win thats all they dont know what really it was! Also people who tried trading and after a month quit because it was difficult well that are the kind of person what i describe earlier.

I am into trading for a year now and still learning things. I am taking it slowly because we all know that it is very very risky.

Victorycoin

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In fact, it takes a lot of skill to start trading you have to learn before you start there are many traders who are at a loss after learning to build yourself success from failure you have to have the mindset and the business when you try to deal with whatever the situation may be success is easy. I am also frustrated when the trader loses but does not give up i learn something new from the loss.

$crypto$

legendary

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Smart is not enough, there must be skills

Quote from: LUCKMCFLY on July 13, 2021, 10:41:13 PM

When I was starting in the world of trading whenever I lost, I did not trade anymore, but there was always something that drove me to continue, what did not work for me was the technical analysis but it always failed me, then after so many failure plans I dedicated myself to read many books by Wyckoff, Livermore and that's where I learned to try to understand the market, from that moment I felt more confident, but most traders when they start and lose they stop trading. For now I have a lot of information to learn, the moment that we are going through worldwide is new for many, investors are living new scenarios that still do not know how to operate.

Actually we have to be confident in what we are doing for the first time trading, I also started out with a lot of losses and at the end discouraged it from continuing, but on the other hand I saw other people successfully doing it why I not? Of course I have to be confident in what we do with a lot of resources that we have to study including indicators and technical analysis in that article can provide a little brightness in trading, well in addition on the forum we can see and discuss what we don't know I'm sure with the capital of determination we can do with good skills.

boyptc

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Quote from: conected on July 13, 2021, 11:08:26 AM

Quote from: boyptc on July 13, 2021, 02:22:50 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.

- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.

Yeah.

Likely hype catchers and they did a try and thought that it's going to be an easy deal to them. But they failed and chosen the better path for theirs and that's to stop and look for other opportunities elsewhere.

LUCKMCFLY

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When I was starting in the world of trading whenever I lost, I did not trade anymore, but there was always something that drove me to continue, what did not work for me was the technical analysis but it always failed me, then after so many failure plans I dedicated myself to read many books by Wyckoff, Livermore and that's where I learned to try to understand the market, from that moment I felt more confident, but most traders when they start and lose they stop trading. For now I have a lot of information to learn, the moment that we are going through worldwide is new for many, investors are living new scenarios that still do not know how to operate.

markdario112616

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Quote from: boyptc on July 12, 2021, 05:06:53 AM

Quote from: RILWAN on July 11, 2021, 12:20:56 PM

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

This is why it's a BIG NO to put emotions in any type of Trading.

Purely Facts and information, should be the main source of your decision making especially if someone can't afford to lose a vast amount of money. Though, there are still people that are desperate to win big but without thinking what could be the outcome of there decision.

Emotions, heard a lot of those. They follow there gut feels and ended up empty handed, and they can't stop until they win there loses up to the point that they don't have anything to use.

But, let's not purely blame it with that. There are still times that even the experienced one miscalculated there data, and this can contribute as well to anxiety and panic attack. Worst especially for the beginners is yeah depression much worst is death.

conected

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Quote from: boyptc on July 13, 2021, 02:22:50 AM

Quote from: Oilacris on July 12, 2021, 05:27:13 PM

Quote from: boyptc on July 12, 2021, 03:19:40 PM

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

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.

- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.

onecall123

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Quote from: breathlessz on July 12, 2021, 08:14:42 AM

Quote from: boyptc on July 12, 2021, 05:06:53 AM

Quote from: RILWAN on July 11, 2021, 12:20:56 PM

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

I remember seeing something similar a few days ago. A few people happy to share their trading records on the trading page. So happy to see those gains in a row. Having good judgment and patience will lead to success. You will actually be successful in trading when you are able to overcome this psychological burden. How about trading losses? In my case, I lose money wherever I invest.

Vaculin

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Winding down.

Quote from: Xinarae* on July 13, 2021, 08:40:51 AM

In business you need to learn a lot and gain knowledge about the market don't give up the market is constantly being updated. Businesses fail due to lack of short term and long term plans for which you have to prepare yourself you should have a plan of where your business will be in the next few years or in the next few months set specific goals and try to implement them. Try to specify what to do in the plan and within how many days if the plan fails your business will suffer.

It is a sort of commitment and you can be there on the top if you don't help yourself. Something we need to prepare that we gonna lose and to determine how strong we are and how our plans being followed. People who have been new in this field will be expected to suffer frustration but from that, we learn things that trading is not easy. While having those plans is the tool to help us to make the right decisions.

Xinarae*

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In business you need to learn a lot and gain knowledge about the market don't give up the market is constantly being updated. Businesses fail due to lack of short term and long term plans for which you have to prepare yourself you should have a plan of where your business will be in the next few years or in the next few months set specific goals and try to implement them. Try to specify what to do in the plan and within how many days if the plan fails your business will suffer.

MIner1448

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I am sure that any person, if he lost his fortune overnight, spoke negatively about the world of cryptocurrency, unfortunately in this world there are those who earn and there are those who spend their money without earning a single cent. If such a fact did not exist, and in general the concept of earning in the world of cryptocurrency, but if he stumbled so much, then it is better not to enter this world back.

boyptc

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Quote from: Oilacris on July 12, 2021, 05:27:13 PM

Quote from: boyptc on July 12, 2021, 03:19:40 PM

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

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.

Oilacris

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Quote from: boyptc on July 12, 2021, 03:19:40 PM

Quote from: breathlessz on July 12, 2021, 08:14:42 AM

Quote from: boyptc on July 12, 2021, 05:06:53 AM

Quote from: RILWAN on July 11, 2021, 12:20:56 PM

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

boyptc

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Quote from: breathlessz on July 12, 2021, 08:14:42 AM

Quote from: boyptc on July 12, 2021, 05:06:53 AM

Quote from: RILWAN on July 11, 2021, 12:20:56 PM

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Twinkledoe

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Quote from: pawanjain on July 12, 2021, 12:06:54 PM

The disappointment of losing a trade is a lot and it kills an individual if he loses a major chunk of his investment but at the same time we should know that a person only loses when he sells in a loss.
Losing money overnight is something that is possible in crypto but not with the potential currencies. If a person invests in scam coins and hopes to make money then that is his mistake.
Similarly, every time we lose money while trading, we tend to learn something new. The only thing we have to do is not to repeat the same mistake again.
I have also lost good amount of money in trading cryptocurrencies but I am still here and learning and still trying with whatever I have to make money trading crypto.

Running away is only true if you will not hold any crypto for the rest of your life. But for most of us here, we need to face the reality of trading and learn from our mistakes. Mistakes will give us new strategies on how not to repeat them again. I don't think any trader here only has winnings in his trading, at some point we lose and that's part of it. But the difference is the degree of such loss. We can minimize if you have at least plans with your portfolio. Don't let it sit without doing any follow-up with the project.

ven7net

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Quote from: Rruchi man on April 28, 2021, 08:32:13 PM

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

You know, I can’t call myself a trader, but I had little experience in cryptocurrency trading. I want to note right away that my experience in trading cryptocurrency was successful and was able to earn about two thousand dollars on trading. Let's just say I was lucky, since I myself was able to find several trading pairs that had a good difference and I was able to draw up a clear plan for when to buy and sell cryptocurrency making a profit. Of course, this was a special case and such options come across very rarely. I was lucky, since I did not use large amounts of money and did not listen to others, I analyzed the situation myself, watched the trading and only after we see the opportunity to earn money, I started trading. Those investors who lose money on trading probably did not study the trading pairs that they used or even simply listened to the advice of other "trading specialists" and simply lost money. I don't think you need to kill when you are losing money, you need to independently study the exchanges, trading pairs and the market situation before you start trading cryptocurrency, and then find the opportunity that can bring you profit. Only after that you need to start trading.

pawanjain

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Nothing lasts forever

Quote from: Rruchi man on April 28, 2021, 08:32:13 PM

I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

The disappointment of losing a trade is a lot and it kills an individual if he loses a major chunk of his investment but at the same time we should know that a person only loses when he sells in a loss.
Losing money overnight is something that is possible in crypto but not with the potential currencies. If a person invests in scam coins and hopes to make money then that is his mistake.
Similarly, every time we lose money while trading, we tend to learn something new. The only thing we have to do is not to repeat the same mistake again.
I have also lost good amount of money in trading cryptocurrencies but I am still here and learning and still trying with whatever I have to make money trading crypto.

Topic: Do you run when you fail or loose in a trade? - page 3. (Read 1760 times)