Topic: How do you deal with loss? - page 36. (Read 52285 times)
I can't quote precisely but someone on this platform once said that you don't invest the money you can't part with easily, an investor must be a risk taker i.e you lose some you win some. If you have this attitude on mind you can deal with any loss
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?
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 just stay calm. I realize that trading or any investment is working with loss not just profit.
So if you are not ready to get loss, i suggest you to not trading or doing any investment.
I admit even though I set stop loss, sometimes I have to endure the pain of having a loss with trade. Back when I just started, everytime I lose I tend to surrender and I admit I cant sleep for days. It is all I got. I have the tendency to become emotional whenever I lose. I dont know what am I doing wrong, everytime I place a trade it suddenly dip. It is just frustrating to see my hard earned money to disappear in just a glance. But for now I set aside my emotions and let go of money that I lose. I just convince myself that there are other opportunities that can give me more profit. But everytime I lose, I assess myself where did I do wrong, what other factors can affect my trade even though I study the chart and consider technical analysis. But I can assure that I am more confident now when trading and always think that when I trade I already lose my money.
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 have alts. One of those alts I am holding it for almost (4) four months in my wallet. Now, it's price is continue dropping every time I am checking it, I feel hopeless it does not turn into green it always red. Now that bitcoin price pump I feel that the coin I am holding will drop more its price. Sometimes I think just to sell it I don't mind my losses. Thats is okey instead of getting nothing. But sometimes I gain hope that it will increase its price again. Just need to wait a little more , do not get tired and when it turns green I just have to monitor it and convert /sell it immediately. Patience patience patience. 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?
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?
you are nothing left to do but to wait even if it takes a long time and take that experience not to put a hundred percent in one investment only. anyway, you can divide your assets in multiple investments. or you can invest different coins instead. 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?
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?
Trading is my hobby. I always act normal even I encountered loss. I know that having a loss in trading is normal and I believe that it is a part for me to become a professional trader someday. 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 move ahead then apply for another coin to inustry to cover up losing I created or occasionally I watch for it to recover specifically if I am using large capital simply because I'd rather not sell if I believe the loss is very large.d
In my experience, you don't really do anything special or different to cope, you just do. It's cliche, but you just keep living and putting one foot in front of the other. Everyone says time heals, but it doesn't really. It just makes you forget more often. Life can be good again, just in a different way. not only real life but also crypto world.
Losing is a normal occurrence in trading and it is part of the business, a good trader knows that it is not going to be a smooth drive always and to overcome the fear of losing is to introduce a good money management system and trade off maximum of 10% of his total investment this enables a trader to trade with the amount of money he can afford to lose.
Not very well. It can get pretty depressing, unless you start trying to figure out why it happened quickly instead of why it didn't happen. There are always lessons to be learnt, but if you are not paying attention to them and shutting out the voices in your head trying to tell you to take a step back, then it's all downhill. I transitioned to simply buying BTC when I can and holding.
Dealing with loss starts from how you trade. Do you have a trading plan? What is you plan saying concerning cutting of loss(Stop loss) and taking profit. If you have a predetermined stop loss and insert it in your trade then dealing with loss is taken care of about 75% the remaining 25 % will be controlling your emotion not to revenge.
I think the profit and loss of trading coin depends on ourselves, we must be able to control the emotions and do not carry the situation in the market because otherwise it will experience losses I've experienced before
The profit and loss in trading is depend of course to yourself as you are the one deciding to which will be the best to risk your investments, no matter how we put away our emotions in trading it always will be always there it just that we must practice in how to move on fast and never stay with our problems for that long. Better set your own strategy that will work for your desired investment otherwise you will really end up losing if you invest, invest, invest without a concrete planning to what to do. Experience is the best teacher though so we must learn for our own mistakes so we can use it for our own motivation to succeed in trading.
I think the profit and loss of trading coin depends on ourselves, we must be able to control the emotions and do not carry the situation in the market because otherwise it will experience losses I've experienced before
Loss is the bad thing and noone want it to show up. But the key thing is , if there is exist a winner so it must has a loser with it. So When you're losing , someone else is winning. So learn how to become that winner is the way to deal with loss.
Everyone wants to be the winner so who are the losers? Accept yourself as the loser and you will learn how to win.with your loses and always look at the bright side, when to quit you will not succeed so be strong and focus on your goal to be profitable in trading.
That's the main thing. You always have to have a positive attitude towards trasing whether you win or lose. Keeping your losses for a long time will shake your better judgement and thus may lead to ever more and bigger losses. If you can't stay positive, then stay away for a while
- And a positive attitude is essential for us to think clearly when we want to make the next decision. And if we had a good and calm state, we should determine that we should cut losses or continue to wait based on the analysis of the information around the coin we invest, loss is a normal thing in trading, do not worry too much and fear it, get used to it
Trading is different every time we do it. Trading is a game of risk sometime you lose some time you win it.SOmetimes we just lose to think more and more to become more critical thinkers and will be earn more than investment and from trading. Sometimes you need somw techniques or strategy in order to avoid losing.
Huh when I lose my money whit alts hmmm
Well I play with a gun for some time lol
Just kidding.
Well I play with a gun for some time lol
Just kidding.
Another way to avoid loss is to set a stop loss and this way you wouldn't have to worry too much.
Yes if there is enough liquidity during the dip. A stop loss can makes you lose the bull run too if it dips before it goes up.
You can avoid the worst feeling of loss by never betting so much that you would feel horrible if you loose. But you need to pick a few markets that you know in order to have enough informations to possibly have an edge and you need to bet enough so you can make a substantial amount of money if you happen to pick winners.
Another way to avoid loss is to set a stop loss and this way you wouldn't have to worry too much.
If the value goes down then it is better to wait for a long time insted of getting loss. Holding is a very right option and there is no bad impact on holding a coins isted of selling them at very low price and get loss.
Loss is the bad thing and noone want it to show up. But the key thing is , if there is exist a winner so it must has a loser with it. So When you're losing , someone else is winning. So learn how to become that winner is the way to deal with loss.
Everyone wants to be the winner so who are the losers? Accept yourself as the loser and you will learn how to win.with your loses and always look at the bright side, when to quit you will not succeed so be strong and focus on your goal to be profitable in trading.
That's the main thing. You always have to have a positive attitude towards trasing whether you win or lose. Keeping your losses for a long time will shake your better judgement and thus may lead to ever more and bigger losses. If you can't stay positive, then stay away for a while
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