Topic: How do you deal with loss? - page 70. (Read 52285 times)
A bottle of whisky and a box of hankies.
I deal with my loss by planning a solution how to get it back fast to me.I will trade bitcoin so that I will get fast my loss.Because bitcoin transaction is easy to profit a big amount so fast.And have the oportunity to be like some of the bircoiners who are rich now
What about your performances in your process of recovering your losses ? Are you successful ?But I do not think it will be a working plan if you are going to chase down your losses. You must accept losses and need to move on so that next day you can make profits and on the course you may recover your losses quicker than you may do intensively.
I deal with my loss by planning a solution how to get it back fast to me.I will trade bitcoin so that I will get fast my loss.Because bitcoin transaction is easy to profit a big amount so fast.And have the oportunity to be like some of the bircoiners who are rich now
What about your performances in your process of recovering your losses ? Are you successful ?But I do not think it will be a working plan if you are going to chase down your losses. You must accept losses and need to move on so that next day you can make profits and on the course you may recover your losses quicker than you may do intensively.
I deal with my loss by planning a solution how to get it back fast to me.I will trade bitcoin so that I will get fast my loss.Because bitcoin transaction is easy to profit a big amount so fast.And have the oportunity to be like some of the bircoiners who are rich now
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 mostly trade stocks but the same principle applies I think...
When I suffer a loss, I re-evaluate my investment. If I still think it looks good, I usually try to double down on my position. I wrote a post about doing this with Impinj (PI) here:
http://www.demoinvestor.com/articles/00000000
This is a risky move but if you are patient and confident about the pick, it can pay off.
If I make a big loss then I prefer to stay away from trading for some days and go for a small vacation and keep on thinking what can be a next step and meanwhile I also keep on looking for new coins and some news related to it.
It would be advisable as well to refrain from thinking about tradung for a time if you're that type of person that takes it hard if you had a big loss. Thinking about what happened would affect you more emotionally so just take a release from it. Then you'll be fresh to make better decisions when you come back
If I make a big loss then I prefer to stay away from trading for some days and go for a small vacation and keep on thinking what can be a next step and meanwhile I also keep on looking for new coins and some news related to it.
i dont deal with all of my loss. i focus in my mind that i will gain more in the long run. and always dont put all your eggs in one basket.i dont want to be depress . listen to music and watch movie instead of thinking my loss. TOMORROW IS ANOTHER DAY. another chance for a comeback 
The question is how, you need to deal with and what you did is maybe right because you make sure you will not be depress with your loses.Loses is normal because trading is gambling, just yesterday when I lose a decent amount in less than an hour but I make myself calm because I know it's the risk of trading, not all the time you lose but what matters is you will be profitable in the end.
i dont deal with all of my loss. i focus in my mind that i will gain more in the long run. and always dont put all your eggs in one basket.i dont want to be depress . listen to music and watch movie instead of thinking my loss. TOMORROW IS ANOTHER DAY. another chance for a comeback
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 should do your own research before investing in any altcoin.You should be able to trace and find out the most under valued coin.If you have done good research and have confidence that your coin is under valued coin and its price would rise in future,then you can remain cool.But if you have invested in a wrong coin and you have no hope that it would rise again,then you have to just sell your coins at the present lower rate and lessen your losses. 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'm Dealing loss with drinking hot coffee while thinking i will be the best.
This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
I just see you as a coffee addict lol , but yeaaa sometimes it makes your head fresh.This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
Sounds like a small thing but when you take it seriously it could produce something big more than just a coffee.
The point is to take a break and build a better plan after make some evaluation of course.
Normally i trade only for a short term profit and of course i won't always get profits , so what i do is wait for a month if the price has legit not shown any progress i sell it at the minimal loss , till now because of this i must have made a loss of 0.3 btc or something, but i have also got pretty good profits so it doesn't bother me much
Loss can be dealt with trading and to certain limit this can be avoided. This is possible just because of the experience and the different techniques one has learnt off through the different forms of trading he has made through the same platform.
Best way to deal with a loss is to avoid the loss at the very first place. Never put all your money in one investment and try to diversify your investments as much as possible to reduce losses and maximize profits.
One can easily avoid loses by actually diversified its investment. But in trading loses is viewed in different ways. Op you should see loses as essential part of trade. You cannot continuously making profit like wise making loses. 
Best way to deal with a loss is to avoid the loss at the very first place. Never put all your money in one investment and try to diversify your investments as much as possible to reduce losses and maximize profits.
I'm Dealing loss with drinking hot coffee while thinking i will be the best.
This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
Good encouragement to yourself and drinking something to make yourself calm is the best way to deal with loss. Just always think several times before trading and buying the alt coins that you want to invest because that will lead you to loss if you are not prepared and you don't what you are doing with it.
Hit the gym and come back tomorrow. Any experience trader will tell you psychology is one of the most important factors behind trading, dont be wreckless in order to recoup your initial loss, remember if you make a trade and it drops 50% you then need to make 100% inc on your next trade.
Think about it, do your homework.
Think about it, do your homework.
I'm Dealing loss with drinking hot coffee while thinking i will be the best.
This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
This is just a lesson learn investing in some shitcoins make your rich in the right side maybe think smarter
You have keep yourself composed and don't let a loss affect you emotionally. Most of the time we get too frustrated when we lose a trade and then we make sudden rash deciaions that instead of making things better, we'll end up losing more. Trading is a test of patience especially if you see a dump in the altcoins you've invested to. Just do not sell without at least minimal profits and keep your emotions in check.
Depending on each situation we will have different ways of dealing with the loss. In some cases I still hold and wait for the price to recover again because I believe the price will rise again based on my experience, information and analytical skills. However, in some cases, I choose to wait for the price to recover a little then quickly cut losses, especially when the coin was pumping and then tended to collapse, if continue to hold, we will lose more money. But in any situation, we must also keep calm if we panic, we will make the wrong decision
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