How do you deal with loss? - page 33.

bgaf

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Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

Personally, I think that there is no easy way in dealing with loss. No matter how hard we tell ourselves that next time will be better, still we know that there is still a chance for it to not work out or to fail once again. So, the best thing to do is to forget. As much as possible try to forget the failure, but always keep in mind and never ever forget the mistakes and the lessons learned from that failure.

shezu007

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Quote from: Chooserforcoin on November 20, 2017, 06:01:18 AM

The decision of when to cut your losses is one of the toughest questions in trading. Generally, some people will tell you never to lose more than ~2% of principle in any trade; however, it's not necessary easy to follow that in practice, especially when trading highly volatile markets.

win and loss is the part of game and trading is just like a game and good player is that who can learn from their loss because if you don't deal your loss with good impression then you are proving that you are not a good player and you will lose your confident so whenever you can face a loss then you need to find out your mistake and can find solution for that mistake so that in future you never you repeat your previous mistake and through this way you can become a success trader.

Chooserforcoin

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The decision of when to cut your losses is one of the toughest questions in trading. Generally, some people will tell you never to lose more than ~2% of principle in any trade; however, it's not necessary easy to follow that in practice, especially when trading highly volatile markets.

khalifa25

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For me i think we will not be able to avoid the loss, because the trade is very risky price in the market quickly change change and not as expected, but when I already buy and its price fall I will sell it for and use the remaining capital and wait the price reaches the lowest point, when it arrives I will buy it and hold it until the price increases again.

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Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

In dealing with loss, we need to keep in mind that every trade is not a success. If we do this, then we are preparing ourselves on the disappointments that might potentially come. The key is to keep on striving and fighting. It is a good idea to do it now, because there not many of us. In the future, it might not be as easy as now.

mejalipat

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Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

I would not put all the money in just one place I would put in some other place so if I had a loss, I still have investments in other places so I will not lose all my money

tb4eva

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In any investment you need to know when to get in and out. It's easier in long term investing b/c you shouldn't care about every single little pip as much, but in short term trading, you really should get knowledgeable about how to read technical charts and how to understand investor psychology. This applies to any asset, including cryptos.

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Quote from: jankekek on November 11, 2017, 11:48:08 PM

Loss is part of the risk in business or investment. That shouldn't be a reason to forget about it. Add more money into the investment and wait patiently till the time when there will be high rate in exchange and rise in demand.

Agreed! Profit and loss are part of the ones whose lives are associated with investing of money. The thing is you should always hope for the best but at the very same time, you really need to prepare yourself for the worst. This is the only way which can help you in making better decision at the time of loss. You actually need to keep on struggling hard and you need to invest again with better plans.

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Quote from: uray on November 19, 2017, 04:22:17 PM

Quote from: suzukiy on November 19, 2017, 07:19:45 AM

I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

Luck is an integral part of trading but knowledge about your investment is also more important,the market is really volatile and if i end up in a loss i would wait for the perfect time to off load the coin or will add more coins until the market recovers.

That's right, the same as me, If I am loosing from the investment that I made, I just hold and hope that the coin recovers if it doesn't.I keep holding so that it goes up to the value I bought it for and sell. Losing is part of it. We can't always gain but we can minimize the loses just by controlled our emotion and having patience to wait on their value to pumps soon.

cuenzy

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Sometimes you should do purging.. Purge after consecutive losses or even wins in a row. This is very helpful to re-strategize your plans and clear your mind. In a way also helps you keep your emotions intact. How to do this? You need to have no trading for certain period of time depends on you. Away from any trades for 3 days or a week.

uray

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Quote from: suzukiy on November 19, 2017, 07:19:45 AM

I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

Luck is an integral part of trading but knowledge about your investment is also more important,the market is really volatile and if i end up in a loss i would wait for the perfect time to off load the coin or will add more coins until the market recovers.

supine

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Quote from: shamzblueworld on April 03, 2017, 07:16:12 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?

We have to instill in our minds that whenever we invest, we also gamble because of the fact that there is no assurance whether the investment would fail or be a success. So, loss will just be a stumble rather than falling down. Always, think that it is just one opportunity that is lost, but not all.

Bessta

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Think of it as a reminder to be careful for the next trading or investment you will have. Don't stop and get despair instead refocus on your goals and learn to plan and strategize for your other trading/investment activities.

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Quote from: crzy on November 19, 2017, 07:22:26 AM

Quote from: sandos on November 18, 2017, 11:39:11 AM

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

Yeah, learning from mistakes is a good way to move forward. You are not doing trade if you not incur any losses from the very beginning of you trading day. It is risky but you have to deal with it and move on right away, besides your goal is for long term so don't focus on your losses instead focus more on your trading goals.

Take a breather. Sometimes we get too eager to make up for a loss that instead of getting our losses back, we get more losses. Its a domino effect from then on. So taking your attention away from all that is basically a logical thing to do

crzy

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Quote from: sandos on November 18, 2017, 11:39:11 AM

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

Yeah, learning from mistakes is a good way to move forward. You are not doing trade if you not incur any losses from the very beginning of you trading day. It is risky but you have to deal with it and move on right away, besides your goal is for long term so don't focus on your losses instead focus more on your trading goals.

suzukiy

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I continue to learn when trading because the trade requires skill in making decisions to buy or sell, and also need a little luck, to overcome the losses I choose another coin that can cover my previous losses.

hersey27

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When it comes to trading it is normal
For us as a trader to experience some loss

But you shouldn't let your self be in grief because of it.
We need to learn from our mistake and sum up the necessary
actions to fix it and to avoid the past mistakes that we did.

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Quote from: sandos on November 18, 2017, 11:39:11 AM

The loss is the normal thing in trading. You should not too disappointed about it. The most important thing is that what did you learn from the mistake?

If you learn from the loss means,you will not loss again.Trading is the one of that.In trading,you will loss some dollars mean after some trading you will get that dollar as a profit itself.You will win once you loss.Failure is the stepping stone of succes.

nasqar

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If you lose from trading,
Not so many options are available, realizing it is the best.

It is like the storm season now,
Be ready

Kimliyo0107

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When a feeling of loss happens, learning to cope is essential to be able to bounce back. Getting your bounce back after financial loss may not mean getting your money or assets replaced, but it does mean learning to survive and thrive in the most difficult times.

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