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Topic: How can one trade without losing?? - page 17. (Read 1882 times)

full member
Activity: 1036
Merit: 109
February 16, 2018, 04:01:59 PM
#72
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?

Trading is risky, so it's impossible to trade and not incur any loss. Market value of cryptocurrency coins or tokens are difficult to speculate because their price varies on the market demand, and there's a lot of factors affecting the market demand. That's why when trading or investing you should just put up the amount of money you can afford to lose. Also, you need to make sure not to put all your eggs in one basket, always diversify.
legendary
Activity: 1232
Merit: 1091
February 16, 2018, 02:54:30 PM
#71
or if you already own some Bitcoin you can lend it out on some exchange like Poloniex or Bitfinex and get a decent percentage.

However that comes with risks incase the sites end up getting hacked or you get yourself hacked

Theoretically, this type of lending comes with a fairly low risk initially, but as you pointed out, the risk here is more the platform itself. Yourself getting hacked can happen at any platform, and at any other occasion, and for that reason isn't really that much of a negative point in regards to lending on Poloniex and Bitfinex. People for once need to understand that making money means risking money (obviously not referring to sig/bounty campaigns, faucets and whatnot), and for that reason it's impossible to avoid any sort of potential loss. It's called collateral damage, and if people aren't willing to take a hit every now and then, you'll never be able to move forward. Traders work with collateral damage margins as well, where they rely on the fact that as long as you make more winning than losing trades, you'll always make profit.
hero member
Activity: 980
Merit: 507
February 16, 2018, 02:40:52 PM
#70
It's almost as impossible to profit every time. But it can be achievable, begin with having your own theories and rules. Don't sell at a loss.
You tried various trade strategies and it didn't work out. Ever wondered why? It's because you didn't evaluate the demand and supply forces properly. Look if you're into this aggressive trading strategies, think from all possible ways. I have also noticed that even scam coins lead you to a profit. Take bitoconnect for example.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
February 16, 2018, 02:27:01 PM
#69
Past history doesn't guaranty future results. The chart doesn't have a memory. It might tend to be there way but it's never 100%
sr. member
Activity: 630
Merit: 250
February 16, 2018, 02:24:17 PM
#68
well it's a funny question! Grin
you won't be able to make your losses zero in here!
and you better not try that , instead of that try to maximize your profits and minimize your losses.
normally work and trade, and learn from their mistakes. Thus, you will not seek information about how to minimize your losses at the expense of others.
member
Activity: 392
Merit: 10
February 16, 2018, 01:20:16 PM
#67
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?
I believe that in order to be able to trade successfully and at the lowest risk, you should trade at BTC / USDT rates, as the price of USDT fluctuates not so much so we are easy to control our capital. You also need the skills to analyze and synthesize market information to be able to buy at the lowest price and sell at the highest price.
hero member
Activity: 1036
Merit: 520
February 16, 2018, 01:12:37 PM
#66
well it's a funny question! Grin
you won't be able to make your losses zero in here!
and you better not try that , instead of that try to maximize your profits and minimize your losses.
full member
Activity: 336
Merit: 100
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
February 16, 2018, 11:42:56 AM
#65
Trading is such a very hard job.You can't predict what will happen to every coins in a second. Even veterans trader can also lost money in trading,i would suggest, it's much better to do scalping.Less chance of biggest loss is scalping in my idea.
sr. member
Activity: 308
Merit: 250
February 16, 2018, 11:06:04 AM
#64
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?

Without losing, you can't perform trading activity. This is impossible because losing is a part of trade too. They're like brothers, losing and earning. The best is making yourself prepared for both of them.
sr. member
Activity: 910
Merit: 253
Hodlers Network
February 16, 2018, 11:04:52 AM
#63
Loosing and gaining part of trade if you didn't lose it means you dint tried. Loosing can be minimize by diversifying the investment and do not panic sell if market going to fall just hold and patience.

jr. member
Activity: 87
Merit: 2
February 16, 2018, 03:59:36 AM
#62
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?

losing is a part of trading. Nobody can only win in trading without any lost.
but it's important to manage your lost and do better and better.
hero member
Activity: 1148
Merit: 504
February 16, 2018, 02:28:43 AM
#61
The main reason why you are losing is because you buy on news!!!
The first rule of traders is t buy on rumors and sell on news.  Roll Eyes
But at times the rumor turn out not to be true.
Beside rumors really don't push  price up on most project.
then you should be better at reading a rumor mate, which rumors may occur and which ones are hoaxes. many rumors say that bitcoin prices go up for no apparent reason, maybe it's just a hoax and I would not gamble with buying coin at that price, then there are rumors about bitcoin prices going up because in the near future many companies X started to adopt bitcoin, it maybe true rumor you should validate that rumors, if that's a possible rumor to be true, maybe I'll buy bitcoin, and when the news comes then bitcoin price goes up because it's in the push, and you get profit
legendary
Activity: 3808
Merit: 1723
February 16, 2018, 02:25:55 AM
#60
Like others said before. It's not possible to trade without losing.

Only way to get some free bitcoins is to either use some faucet which is a waste of time or if you already own some Bitcoin you can lend it out on some exchange like Poloniex or Bitfinex and get a decent percentage.

However that comes with risks incase the sites end up getting hacked or you get yourself hacked
sr. member
Activity: 616
Merit: 252
February 16, 2018, 02:23:41 AM
#59
I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer,  inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing.
What's really the cause? And how can I trade without losing much?

Maybe you always hear or read this one but you will only lose if you sell. This is the only way for you to not lose. As long as you do not push the sell button then you do not lose anything. We know that crypto market is volatile and pump and dump is happening all the time so even if you lose hope that the coin you bought may not go up, there is always a chance that it will be pump or if any news from the team about the developments of the projects related to the coin will appear then it would get the attention of traders and investors and the coin you hold will go up because of the demand. What you can see is paper loss if you don't sell. You can either buy more of the coin so that you can average down. As long as you bought a coin that has an active team and project then you are safe.
member
Activity: 217
Merit: 10
February 16, 2018, 02:20:45 AM
#58
Let's just say how can we success without any losses in trading? When we are in this crypto trading, the risk is always exist, we can never avoid losses, a trader without any knowledge about losing will never become a good trader, losing in trading bring us informations and help us understand why we lost.
hero member
Activity: 1274
Merit: 516
February 16, 2018, 02:17:15 AM
#57
You should aware that technical analysis is not everything, there are so many things that can caused the price to change, if you already understand the candle stick, I assume that you are not a beginner, one thing that you need to remember always check the market reaction, it provide a good source of information, and there is no such thing as always profit in trading, losing is the part of the game, losing make us more understand about the market
member
Activity: 420
Merit: 10
February 16, 2018, 01:51:49 AM
#56
Trading is not always profitable and we might loose something if you don't plan it exactly. So different kind of job and it is not easy to guess when it is going down and when it is going up. The only thing we can see is when after purchasing the price will go down and when we sell at low the price will start increasing.
member
Activity: 218
Merit: 14
February 16, 2018, 01:34:51 AM
#55
Its impossible to trade without lose. So even pro trader loosing sometimes money. As a newbie, you will lose money. But thats good because thats how you learn. You should not invest to much money in your first trades. Read the news about the cryptocurrencies you trade. Maybeholding is a better option. Because if they announce some big update or a partnership for the future, you can gain a lot more profit then with daytrading. Just be patience and dont overtrade.
jr. member
Activity: 89
Merit: 5
February 16, 2018, 01:25:29 AM
#54
If you lose in trading, use a trading bot.
Most of the time bot performs better than human trader.
And it frees up your time.
full member
Activity: 602
Merit: 102
February 16, 2018, 01:18:11 AM
#53
Losing in a trade is inevitable. Even professional traders incur losses at one point or the other during trading. It is always advisable in trading to maximize your profits and minimize your losses. In order to minimize your losses, always carry out a proper analysis of the market, before entering a buy position, and also know when to exit a trade.
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