Topic: Failure of trading - page 3. (Read 521 times)
You probably do not have much experience in trading but you are in a hurry, so you make a loss. Follow me not to be in a hurry and be patient.
In order to curb losses, I normally use technical analysis before I make my decision to invest. I do not like buying at a high price as this comes with so much risk. I have had an issue with xrp when I bought at the peak and the price plummeted. So, I have learnt how to avoid cush scenario when it reocurs
My biggest loss is I sold some of my bitcoin at the July or August range in 2017,if I hold them until December then I would make huge money.But I am really not trading in very short span and I won't trade the coins if I can not make profits so which means I am not into any huge losses yet.
share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin 
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It is critical to answer for me, In current trend every new investors are loose some money and they will earn more profit so all are forgot the losses. But My suggestion also same thing because you should plan to your own method you will loose some money but quickly understand the trading possibilities. At the same time you will expect some other help you are not a right trader so I do not suggest anything in trading investment. ?share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
Yes of course, there is a thing called risk management and you should try that. I cant tell you how to do that but its there on youtube and google.?Dont overtrade, dont follow your emotion, find the pattern that mostly works and dont trade when you dont see that pattern.
share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
?I am not a true trader, but I also never feel like I lost his name during trade. At least we do technical analysis before trading, this is to reduce the level of loss if the market price is not good
I agreed with you. But from my past 5 years experience with trading I never face such losses to describes you.You never should buy any cryptos at their peak point.If you do then you have to face huge losses or invested your capital for a long term to hopping that price will increase so that you can reduce your losses.
So learn everyday and watch and read every news about cryptos so that you can predict next movement of the market.
So learn everyday and watch and read every news about cryptos so that you can predict next movement of the market.
Some person when he loses their money for trading this is the commonly used term,failed traders, which is something of a misnomer ,in other words there are no,failed traders ,in fact ,there are only three types of outcomes from any single trade, and they are not the win break ,even loss you are thinking of.Here they are
winning, learning, and failing to learn from,cause the idea of a failed trade is the latter ,that being one you failed to learn from.
winning, learning, and failing to learn from,cause the idea of a failed trade is the latter ,that being one you failed to learn from.
Failure of trading begins if you follow your emotions and get panic. Before you enter trading you must study first all the basic strategies and make some research.
I personally experience this thing during my first month of my trading journey, I lost almost all my capital and I decided to stop it right away. I decided to learn more about trading first before I trade again, panicking really hurts every trader and your emotion must set aside when you do trading. Its not easy to trade, but you must not stop on learning if you really want to become a successful trader. share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
?Honestly I'm not a regular trader I'm a bounty hunter and i love participating in signature campaign that really profitable. Sometimes when i tried to sell my coins, reason for daily expenses the value of coins after i sold it was pump X10 sad to see that. If you want to avoid the losses you should do a technical analysis.
Failure in trading is inevitable but you can learn lesson from that. There are one rule that you have to follow strictly to it, don't get loss, even ten bucks of dollar means your trading is succesful, always have a cut loss point, how much you loss is not matter, the mattet is how much you gain.
share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
I am not a regular trader,but I just tried trading with altcoins in long term.I didn't face any big losses yet but the biggest mistake made by me was bought the litecoin at the peak price and then late sold it for very cheap price.?me too, I also have not faced any big losses till now but I have made many mistakes, I could be easily millionaire if I hold.
Because you are not regular traders you people don't understand how wrong headline is. Failure of trading is wrong, there is failure in trading, it's individual trading and individual mistakes, trading as it is can not be failure.
Simply trading if it's done good should be profitable if it's not good then it's failure.
Holding is good, It should be beginning for everyone. You can't trade relaxed if you don't have back up, that backup is the amount you hold on a side. Who bought 5 years ago or later and holded is a millionaire, the ones who arw buying now should be prepared to wait 5+ years.
share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
I am not a regular trader,but I just tried trading with altcoins in long term.I didn't face any big losses yet but the biggest mistake made by me was bought the litecoin at the peak price and then late sold it for very cheap price.?me too, I also have not faced any big losses till now but I have made many mistakes, I could be easily millionaire if I hold.
Failure of trading begins if you follow your emotions and get panic. Before you enter trading you must study first all the basic strategies and make some research.
The failure of the transaction will affect the psychology of man. This leads to investment failure. You should stop and learn more before proceeding.
share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
Losing in trading is normal no matter what you do if the coin will go down it will go down end of story the strategy of pulling strings are in need of deep analysis gotta keep your composure when trading gotta keep a plan set for loss and wins otherwise you'll be tradin blindly eith no goals whatsoever. ?share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin ?
?For current price, still at a lower price considering $10K is a standard price for bitcoin in my point of view, you can buy as much as you want right now, doesn't mean it will rise soon though. I'm not an active trader, sometimes buy and sell bitcoin, never get a loss unless you count the opportunity to sold at the ATH on January. However, what you don't have doesn't count as a loss. in short, there is no loss on bitcoin if you have patience and can wait for years, give bitcoin time to recover and reach another ATH.
There is no perfect in this world even in everything yo do there is always a failure but the good news is you can learn from those failure. So,try and try never stop. In trading,you can't avoid to have loss but you can minimize it through your experience or through the result of your past failure. You will not become successful trader if you can't experience failure.
and is there any suggestion to reduce or avoid loss on bitcoin ?
?The short answer on your question is no. Trading is always risky. The losses are mostly depends on your wrong trading actions. I heard that some traders are afraid to trade without the signals from their insiders. So you need to find a guru which will teach you and help you to gain profits.
Above somebody suggested you to use a technical analysis to predict a coin price. I think it's useless, because the crypto exchange markets are manipulated by the "whales".
A trader should use TA and the recent news to predict the prices. Otherwise he/she is going to fail with the trades.
This is very important in trading especially the news because this is where whales changes the trend of a one coin and if you miss this, for sure you will incur losses. Also if you are already trap with that coin because you did not set your cut loss price better to hold on it and wait for the price to bounce.Jump to: