How do you deal with loss? - page 63.

snowcrashed

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 usually turn my alert app on so that I can know about their sudden change of their prices, I can easily take care of their changes then depend on how the markets are dealing with that, I can decide to buy/ sell immediately.

weblouartisan

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If your'e not sure of where to invest your coins then dont do it. One of the example is gambling. The odds of winning in gambling is very low and you may end pennyless. Maybe the best way to do is try to buy and sell or more likely trading. But there's really have a chance that your'e going to lose coins. This is like trial and error if you did some mistakes then make sure you won't do it again next time.

trecore4

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I usually stop my trade when I come to know (from news) that currency that I'm having stakes on is going to fall. Moreover I'm always connected with friends to know more about the assets which I'm trading. I usually think very carefully before I put my money onto any coins in the trading platform. Not just this, I sell my coins immediately once I notice that the trade is falling below the break even point of trade. This is best precautionary steps for me and it works. It has gain me more than fifty percent by stopping my loss and earning more by opposite strategy.

novhitadaloma

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 usually trade 3 highs, first purchase of 15% of total capital, second purchase 25% of total capital at a price lower than first purchase, third purchase of 60% of total capital at a cheaper price than first and second purchase. That way we will avoid Loss. Maybe this strategy you can try to avoid excessive LOSS.

Botnake

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Quote from: Savemore on July 27, 2017, 04:52:01 AM

Quote from: mirakal on July 27, 2017, 02:27:00 AM

Quote from: shashko on July 27, 2017, 01:15:44 AM

Take it like a man then you are learning from this loss never get loss again

Be a man just like what you said, in the first place you know already that you have a chance to loss when trading because you are definitely gambling with the uncertain outcome. As they say, it's a prediction game and if you are good in predicting you have a good chance of success but that success does not happen everyday, it happen in the long run.

Yeah it is true. Be a man. Loss is expected in gambling and trading. It is a part that you can learn from your experiences. If you loss, do not let your emotions carried away and move on to the bad things that happened.

If you cannot deal with your loses you will never be successful in trading, you have to accept that you lose so you will
know what's you weakness. Knowing your weakness or your mistakes will improve your skills in trading and eventually as you keep improving
success will be near to you.

Savemore

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Quote from: mirakal on July 27, 2017, 02:27:00 AM

Quote from: shashko on July 27, 2017, 01:15:44 AM

Take it like a man then you are learning from this loss never get loss again

Be a man just like what you said, in the first place you know already that you have a chance to loss when trading because you are definitely gambling with the uncertain outcome. As they say, it's a prediction game and if you are good in predicting you have a good chance of success but that success does not happen everyday, it happen in the long run.

Yeah it is true. Be a man. Loss is expected in gambling and trading. It is a part that you can learn from your experiences. If you loss, do not let your emotions carried away and move on to the bad things that happened.

mirakal

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Quote from: shashko on July 27, 2017, 01:15:44 AM

Take it like a man then you are learning from this loss never get loss again

Be a man just like what you said, in the first place you know already that you have a chance to loss when trading because you are definitely gambling with the uncertain outcome. As they say, it's a prediction game and if you are good in predicting you have a good chance of success but that success does not happen everyday, it happen in the long run.

shashko

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Take it like a man then you are learning from this loss never get loss again

Drokzid

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HAIL THE KING!

In case of losses I will buy more if I believe in the coins. Works almost ever. If you have been too greedy or if you followed the wrong traders, better sell with losses.

Bytemama

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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.

freeyourmind

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If believe in the investment in the long-run, then I'll just be patient with the loss in the short term and wait it out.

If it was a short term investment and I'm in a loss position, then it's just disappointment and regret lol.

IamHigh

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Quote from: Przemax on July 26, 2017, 10:43:27 AM

One thing that I had found during my short period of trading experience, is that I do not cope with the losses.

That is why I keep being ultra careful with my trading.

The question is wrongly put imho. I do not think one can learn not to feel sorry about the losses. The question should be, if one is having a strategy that is adjusted to their personality. You can not just switch to another personality, and you should risk only what you are willing to lose imho.

Yeah that's happening to me. After I bought ripple for $0.36, I really couldn't cope with my loss. I made many more mistaken trade and the loss gets greater. This is vital to see we shouldn't start to trade before we are ready.

justdimin

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Quote from: Pakboy on July 24, 2017, 10:11:06 PM

Quote from: Malsetid on July 24, 2017, 09:29:47 AM

Quote from: eann014 on July 24, 2017, 05:37:51 AM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 will wait for it, because I think there is a Time that it will actually increase again. Just believe, and wait and ve patient because once we trade we need to have more patience for us to earn a lot of profit.

Right. The worst thing you can do after s loss would be to get carried away with your emotions. Best way to avoid that is to just stay away from it all at first. Give yourself time to recover. Everyone experiences losing and the way we react to that would be crucial because we are making decisions for our money. We should have a clear mind so its not really wise to do trading while emotions are still high after a loss

Yeah you're correct. Do not let your emotions be carried away and give your time to recover. Having a loss is part of being a trader. There is a time that you have a big profit and also there is a time that you really have a loss. I prefer for those who always experienced loss in trading is just believe to yourself that you will earn more a lot of profits

Life is a combination of ups and downs. No one can always be in the green area of life. You got to enter red zone as well in order to learn some essential lessons such as the value of good things in life. So is the case with trading. Even the best traders have been through worst time in trading but makes them stand high is that they never dare give up. They believe in themselves.

Lorence.xD

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 deal with my loss with just working so hard so that I can make money in change to my loss by that I will feel encouraged and not feel so much regret to ny loss.I am just looking forward an let go the tibgs on th past.

Przemax

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One thing that I had found during my short period of trading experience, is that I do not cope with the losses.

That is why I keep being ultra careful with my trading.

The question is wrongly put imho. I do not think one can learn not to feel sorry about the losses. The question should be, if one is having a strategy that is adjusted to their personality. You can not just switch to another personality, and you should risk only what you are willing to lose imho.

MiXxe

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Quote from: k@suy on July 24, 2017, 09:02:18 PM

Quote from: chichigirl on July 24, 2017, 08:52:42 PM

It is really hard to accept when you did not gain any profit in your investment and the worst thing is that you are loosing all of your investment in just a short period of time. When you are in this situation you will definitely find and think of a solution or any strategies to bring back all your investment. In my experience, I just have to wait until it reaches to the best level but of course you need to analize what is the nice decision that you are going to do.

Its really painful indeed, but we have no choice but to hold and wait for the price to move up again. But sometimes, when its diving so much I sell my holdings and cut losses and if I can buy back at lower price then I will. But sometimes, I sell at loss for good and trade again in other crytos to gain again my losses in them

That was a risky move but in order to recover you need to cut losses so it a total double risk however if you get the right timing of cutting losses you will recover and gain more profit.

masterwakokok7

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Quote from: shamzblueworld on April 03, 2017, 08:16:12 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?

If that happen then I would probably be down, though I'll take it as lesson and experience. I would reassess my strategies and look into what are my lapses. From their, I'll reinvest again. Loss is loss, I need to move forward *I always think of the worst case scenario so that I could be prepared and have my Plan B to initiate*. But, a loss could be your stepping stone for a better outcome on your next trade. Since for sure you don't want to happen again. Once is enough, Two is too much and Three is venom.

Pakboy

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Quote from: Malsetid on July 24, 2017, 09:29:47 AM

Quote from: eann014 on July 24, 2017, 05:37:51 AM

Quote from: shamzblueworld on April 03, 2017, 08:16:12 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 will wait for it, because I think there is a Time that it will actually increase again. Just believe, and wait and ve patient because once we trade we need to have more patience for us to earn a lot of profit.

Right. The worst thing you can do after s loss would be to get carried away with your emotions. Best way to avoid that is to just stay away from it all at first. Give yourself time to recover. Everyone experiences losing and the way we react to that would be crucial because we are making decisions for our money. We should have a clear mind so its not really wise to do trading while emotions are still high after a loss

Yeah you're correct. Do not let your emotions be carried away and give your time to recover. Having a loss is part of being a trader. There is a time that you have a big profit and also there is a time that you really have a loss. I prefer for those who always experienced loss in trading is just believe to yourself that you will earn more a lot of profits

k@suy

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Activity: 882

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Quote from: chichigirl on July 24, 2017, 08:52:42 PM

It is really hard to accept when you did not gain any profit in your investment and the worst thing is that you are loosing all of your investment in just a short period of time. When you are in this situation you will definitely find and think of a solution or any strategies to bring back all your investment. In my experience, I just have to wait until it reaches to the best level but of course you need to analize what is the nice decision that you are going to do.

Its really painful indeed, but we have no choice but to hold and wait for the price to move up again. But sometimes, when its diving so much I sell my holdings and cut losses and if I can buy back at lower price then I will. But sometimes, I sell at loss for good and trade again in other crytos to gain again my losses in them.

chichigirl

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Activity: 588

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HELENA

It is really hard to accept when you did not gain any profit in your investment and the worst thing is that you are loosing all of your investment in just a short period of time. When you are in this situation you will definitely find and think of a solution or any strategies to bring back all your investment. In my experience, I just have to wait until it reaches to the best level but of course you need to analize what is the nice decision that you are going to do.

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