Topic: How can one trade without losing?? - page 19. (Read 1862 times)
Trading without losing is like a perfection in trading history. It is impossible you do trading without losing I don't know anyone trading had a perfect goals. The market is very volatile we might tend to lose and we might win the game. In order for us to win without losing we should always learned the market struggles because this way we can cope up to be a good trader.
not a trade if it has not felt lost, this is a real risk! call it a day to complain and get negative. if someone has joined in this world, it means he has know will all the risks * smile *
smart people will think that losing is a sign of future success, we will be more mature in making strategy because never felt lost.
note:
"Many of life's failures are people who do not realize how close they are to success when they give up."
smart people will think that losing is a sign of future success, we will be more mature in making strategy because never felt lost.
note:
"Many of life's failures are people who do not realize how close they are to success when they give up."
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?
What's really the cause? And how can I trade without losing much?
Maybe you have been putting too much time into this (you said 24-7) and thus your brain is not functioning correctly. Maybe you need to give it a rest and then come back to crypto with a fresh mind a few days later.
This can sometimes help newbies who are losing too much in trading. Also depending on what type of crypto you are trading you have to decide whether you are going to hodl it or you are going to day-trade it. For day trading I cant tell you anything because I am more of a Hodler. From what you say you seem to be a day-trader and I suggest you to try hodling for a change.
To become a hodler you should stockpile coins worth hodling everytime they drop and sell some at times to cut losses.
See if hodling works for you and let us know.
Two basic things are against you, OP. Even the best of traders would lose under the same conditions. The first is Your Emotion should be out under check. Devoid yourself of emotions whenever you are trading. Second, learn to read and follow The News. It isn't enough just to base your trades on TA (Technical Analysis). Always add news to your TA. It aids trades.
Trading is taking risk, as much as you don't want to experience loss from it you cannot control the market and what's gonna happen next. The only thing you can do to lessen the risk of failure and loss is by choosing the best investment and make sure not to trade them when you think the value is not good enough but as we all know its very unpredictable for us to be sure that such investment will really earn.
You can't. You can't trade without losing it's the nature of the cryptocurrency trading industry/market even though you know so much about the signs, strategy, etc you can't control the markets price and you can't have an assurance profit there will always a risk in cryptocurrency trading.
That's what the traders should know, not because you know about strategies, signs etc. you will not going to lose. the risk is always there because we don't hold the demand in the market and predicts the price because it all depends on the people if many people buys the price will increase and when people sells the price will gets lower. So there's no such thing as safe in trading, you have to take the risk in order to earn. Remember only to invest what you can afford to lose.
That's what the traders should know, not because you know about strategies, signs etc. you will not going to lose. the risk is always there because we don't hold the demand in the market and predicts the price because it all depends on the people if many people buys the price will increase and when people sells the price will gets lower. So there's no such thing as safe in trading, you have to take the risk in order to earn. Remember only to invest what you can afford to lose.
Bitcoin has provided opportunities for one to make money through trading and we should all take advantage of this but for you to trade without losing is what you cannot really do as there is no man or woman that can accurately predict the market and because of this you cannot actually trade forex or cryptocurrencies without loses and you have to make provision for this before venture into trading. Bitcoin trading is very profitable but you cannot really make it without loses.
Initially there will always be loses. Keep trying different trading strategies and take it slow. You learn from the loses various ways of setting the price and reading the market movement. Take opportunity in good dips and take help from coinmarketcap to study the coin price history of atleast 1 week . It will help.
In trading losing is always present when trading an altcoin. Strategies can contributes to enhance your performance in trading the way on how you do trading. Always learned from mistakes because it will definitely help you to be successful in trading. 
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?
What's really the cause? And how can I trade without losing much?
You want to trade without losing anything, just don't trade because its at that point you realise that all of your statistics, the announcement, the news, the ban, or even the delisting, does not apply you will still face the element of losing. However, if you want to minimise that, by letting go of the massive profit that could accrue from the trading of alt, you then need to focus on major coins starting from bitcoin, ETH, LTC etc. Buy now, then deicide whether you want to hold long term or short term. With that you are sure of neutralising the loss that could come with the pure reliance on alts.
Yes i agreed with you that always updating the news or events regarding the crypto currencies to reduced you possible loss, focus on the high quality coins just like bitcoin other top 5 altcoins those already trusted and well known coins from the market and hold it for a long term. Long term holding is lower risk compared to short term, if you see that you have already your profit then that's the time you sell of it.
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?
What's really the cause? And how can I trade without losing much?
You want to trade without losing anything, just don't trade because its at that point you realise that all of your statistics, the announcement, the news, the ban, or even the delisting, does not apply you will still face the element of losing. However, if you want to minimise that, by letting go of the massive profit that could accrue from the trading of alt, you then need to focus on major coins starting from bitcoin, ETH, LTC etc. Buy now, then deicide whether you want to hold long term or short term. With that you are sure of neutralising the loss that could come with the pure reliance on alts.
Initially there will always be loses. Keep trying different trading strategies and take it slow. You learn from the loses various ways of setting the price and reading the market movement. Take opportunity in good dips and take help from coinmarketcap to study the coin price history of atleast 1 week . It will help.
I think I lose maybe 1% of trades now. The key is to being safe is find opportunities that you can almost hardly believe are true deals. Scoop them up. In crypto world we see crazy price swings daily that dont reflect value I think.
That said, my day trading skills vs. hodling skills are two different things.
When I day trade I know 0 about a project, I'm just looking at the chart. Hodling coins for profits is more of an investment strategy which requires studying the market/project/market caps all that .
That said, for daytrading you just need to practice. Don't go in huge and only buy when you think coins are at a discount or too good to be true I suppose.
That said, my day trading skills vs. hodling skills are two different things.
When I day trade I know 0 about a project, I'm just looking at the chart. Hodling coins for profits is more of an investment strategy which requires studying the market/project/market caps all that .
That said, for daytrading you just need to practice. Don't go in huge and only buy when you think coins are at a discount or too good to be true I suppose.
Losing in trading is when you sell with cheaper price than when you bought. Means that trading without losing is when you are not selling with cheaper price, even though the price drop significantly but if you still holding it then it is not a lose.
My guesses are you are still new to trading even if you are familiar with reversal patterns and everything you won't be able to predict it right without a plan or the confirmation candle. Also not all trading decisions comes from patterns or news as you are forgettng one important indicator ans that is volume. Without volume your analysis would be for nothing as volume is one of your confirmations that your pattern will go as plan. Also trading could be tricky in the cryptocurrency market as whales can also decide the trend.
For me it's typical to lose in exchanging there's no affirmation that you'll generally pick up in exchanging it's much the same as betting however you can maintain a strategic distance from this sort of things by taking some measure like checking the news that is identified with crypto and I think in case regardless you're losing after all that you improve on the off chance that you enjoy a reprieve and have a decent time then perhaps after that return and trade once more.
News is noteworthy, but not proof of purchase
Have your own strategy, but do not buy air coin or airchain
Still need to be patient, if you are losing money.
Have your own strategy, but do not buy air coin or airchain
Still need to be patient, if you are losing money.
To trade without loosing, you have to,1. Gather the knowledge and skills needed for the business probably from books,seminars and training of those who have been successful about it.
2. Start little - with that you will be able to study it yourself before expanding.
3. You have to study the environment, be sure the trade meets up the need of the people around , also know that calibar of people - be it rich, average or the poor. With the poor you trade more on credit.
2. Start little - with that you will be able to study it yourself before expanding.
3. You have to study the environment, be sure the trade meets up the need of the people around , also know that calibar of people - be it rich, average or the poor. With the poor you trade more on credit.
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?
.What's really the cause? And how can I trade without losing much?
It only means that the strategies that you are using now is not working in trading. Losing is normal in trading but most important is gaining an experience so that you can apply it the next time you make a trade again. If you want a less risky trade, stay with the top 100 coin in the market
No matter how much flowing of money you may afford, the majority of crypto currency traders/investors lose their money in often times at initial stages while experiencing trading. I have come to realize that most common reason why people fail in crypto trading is when you invest without having trading plan, and if you have no knowledge where you are investing, then you may oftentimes fail
You need to learn more from your mistake, try to figure how you trade in the past and what makes you get loss. Don't trust to anyone else, they only trying to pom pom, to make the price pumped. Believe in your self, see the market cap, market depth, chart, trends and volume. It all related and you have to know them clearly.
Anyway losing as a beginner is not a sin, you have to loss to learn more. I have one tips for you, buy when the price go very deep then wait after the price goes up then sell, don't be greedy, pick your daily target.
Anyway losing as a beginner is not a sin, you have to loss to learn more. I have one tips for you, buy when the price go very deep then wait after the price goes up then sell, don't be greedy, pick your daily target.
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