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Topic: How do you deal with loss? - page 11. (Read 52306 times)

jr. member
Activity: 145
Merit: 2
February 21, 2018, 09:17:57 AM
As I think every trader anticipates the worst possible scenario, they have a rational investment plan that allocates investment, should not focus on one kind of coin and should not focus on one. An investment that has a guarantee of its life if a failure occurs. In general you have to live and have food if you lose everything and remember to take the phrase "have the liver to get rich"
full member
Activity: 392
Merit: 100
February 21, 2018, 08:12:23 AM
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


Maybe I will stop for a while, I will control my emotions to be more calm then try to get back up by not repeating mistakes again.
newbie
Activity: 14
Merit: 0
February 21, 2018, 08:01:56 AM
I have bought APPC when it was around 24/25k satoshi and now it is less than 9k,but anyway I am keep holding and hoping that at the end of February it will grow and I will earn something
sr. member
Activity: 910
Merit: 253
Hodlers Network
February 21, 2018, 07:10:00 AM
Loss is part of trade but facing continuously losses review your  strategy where you are lacking,Either checking market or not,is there proper time buying sand selling or all eggs in one box.

Diversify the investment and stand up with courage to recover the losses buy more when market in red line and hold for green line surely will recover the losses.
full member
Activity: 406
Merit: 106
February 19, 2018, 06:51:14 AM
I think the best way is to put a stop loss, and so for falls just waiting until again to rise in principle, I have not experienced anxiety for a long time already))sat with litecoin purchased at $ 26 in 2013
full member
Activity: 336
Merit: 121
February 19, 2018, 06:10:01 AM
Normally very few time i have face a loss. But loss and win is a part of trading. So i have no affect of loss but yes whenever i face loss then i will take it serious and will try to find out my mistakes and then think about that why i have done such type of mistake and then try to understand that for next time.
member
Activity: 186
Merit: 10
February 19, 2018, 04:53:36 AM
As someone already stated, to be a successful you need much more the right mindset that competence.
Actually, trading is about 80% psychology and 20% technique.
So, learn to control your emotions, because it they control you, you'll take bad decision and you'll destroy yourself with stress and regret.
member
Activity: 328
Merit: 39
February 18, 2018, 05:00:53 PM
In theory, we all know that losses are inevitable, and we need to accept them as part of the game.
Practically, it can be very difficult.
The way I found that works better for me is just to think that I'm playing with a videogame, and there are no money implied.

It may seem childish, but in this way I can keep the necessary detachment to maintain the clarity needed to make the right decisions.
newbie
Activity: 56
Merit: 0
February 18, 2018, 01:16:23 PM
put it back into something else and get your money back Wink
full member
Activity: 1582
Merit: 101
February 18, 2018, 12:53:31 PM
When i came to this ground i knew that here loss and profit are in same style. So when i made loss i think i will profit another day like loss. It just a time going and i have to patience for this time.
full member
Activity: 364
Merit: 100
February 18, 2018, 12:41:54 PM
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

no one want to lose in trading but failing is somehow part of development.One always fails at tbe beginning and eventually learning from mistakes. I always think of it as a positive thing,I am very optimistic and I found losing a way of becoming better the next time I'll do it. Sure it saddens me but what can I do for those loses, it wont come back if I dont do anything so I admit that I have committed a mistake and analyze what I can do next to eliminate these mistakes.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
February 18, 2018, 09:35:29 AM
Still, now I have never booked loss in crypto trading. Just I wait for the period of time till my original value comes in terms of dollar value. Whether I would lost in Bitcoin but I always check the value in terms of dollar and when it comes again or surpasses with minimum profit then I exit from that coin.

The best way to deal with a loss? IMO just move on and diversify. There's nothing wrong with failing and losing money.
copper member
Activity: 798
Merit: 3
February 18, 2018, 09:13:17 AM
Still, now I have never booked loss in crypto trading. Just I wait for the period of time till my original value comes in terms of dollar value. Whether I would lost in Bitcoin but I always check the value in terms of dollar and when it comes again or surpasses with minimum profit then I exit from that coin.
member
Activity: 203
Merit: 10
February 18, 2018, 09:09:04 AM
We deal with losses by making it as a lesson and never repeat it again. Investing is a risk, yes totally. You are putting your money in a coin that you believe will increase its price you are trading it in a coin you believe will give you profit. If you loss it that is ok but don't do it again. It is also good to avoid those losses. Study the market study the coins don't put all your money one coin.
sr. member
Activity: 420
Merit: 250
February 18, 2018, 09:03:02 AM
Loss is the thing that you cannot avoid even though there is a perfect plan for your decision; for me loss is not just losing your money but I take it as a challenge to pursue harder in all things that I will do. It does makes me weak but makes more stronger to fight again.

Analyzing the past mistakes is the best way for me to deal with loss in trade. I check my mistakes, I check my trade history and get a result by looking at them. Then I won't repeat the same bad decissions.
newbie
Activity: 123
Merit: 0
February 18, 2018, 07:07:07 AM
I just beat myself up for a very short period of time, then study what had happened so I could avoid it the next time it might happen.
member
Activity: 224
Merit: 10
February 18, 2018, 06:27:56 AM
Loss is the thing that you cannot avoid even though there is a perfect plan for your decision; for me loss is not just losing your money but I take it as a challenge to pursue harder in all things that I will do. It does makes me weak but makes more stronger to fight again.
I agree with you sir.Loss doesn't mean that you had to stop in trading but instead a knowledge to be learned.Because I believe that inorder to acquired complete knowledge in trading,you have to take or experienced first the loss of profits.Because the moment you've made a mistake,that's also the moment on finding ways on how to improve our strategies on trading.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
February 18, 2018, 04:22:35 AM
Loss is the thing that you cannot avoid even though there is a perfect plan for your decision; for me loss is not just losing your money but I take it as a challenge to pursue harder in all things that I will do. It does makes me weak but makes more stronger to fight again.
Everyone loss in trading but it should not dictate our faith in the long run.
If we really want to succeed, we should always accept that loses as that is part of our journey and eventually that will help
us to improve more. Don't give up easily when you think that you still have the chance to develop your weakness.
full member
Activity: 350
Merit: 100
February 18, 2018, 04:09:13 AM
Loss is the thing that you cannot avoid even though there is a perfect plan for your decision; for me loss is not just losing your money but I take it as a challenge to pursue harder in all things that I will do. It does makes me weak but makes more stronger to fight again.
member
Activity: 140
Merit: 16
February 14, 2018, 10:29:49 AM
I will make it a learning lesson! Mistakes makes you better one as the saying goes, so it is either you totally stop or maybe you have realized the wrong move you’ve made and make the right move on the next time because you already learned from it, i knew a lot of traders lose a lot money first before they became o good trader and became rich this time, so meaning you just have to learn from your mistakes😃
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