How do you deal with loss? - page 83.

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Quote from: anks on April 14, 2017, 02:30:00 PM

i can deal easy with it because i only invest i can afford to loose of course i would be angry but i knew from beginning that it is a game you can loose

If you already know that you can lose, then what's the point of getting angry? Getting angry means that you can't deal with your losses. Solid traders have one target, and manages to mostly reach that target - making more winning than losing trades. If you make enough winning trades, you'll be able to catch up a losing trade without any problems.

Quote from: anks on April 14, 2017, 02:30:00 PM

people who think the only option is to win are not clear in mind and shouldnt risk any money. there is always a risk and people should know that.

I have noticed that a lot of the people here, mostly the ones with the lowest form of understanding of how trading works, think that trading is some sort of a joke that involves no risk. It's mind boggling to see how dumb certain people can be. If you don't know what trading is, how much experience is required to understand the complexity of analyzing the market, you are simply a yolo trader aka gamber. People aren't able to calculate the risks they expose themselves to. Only thing this will have as result is loss on top of loss, and that on top of even more losses.

TravelMug

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Dealing with loss is hard to swallow specially if you lost big amount of your investment. if will impact your daily lives because its so stressful. The better way to deal with it is just totally forgot it and try to start from scratch. Because if it's always on your mind, you will be out of focus and will just think of recovering your loss.

stomachgrowls

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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?

This question do really have different answers since people do really differ on how they gonna manage themselves in times of lose like what you mentioned.There are people would able to sell off to cut its loses and some just let it on and just waitt for periods of time and just hoping for the alt to pump up again but when i do speak my part i would rather move on and just seek another investment without thinking too much on past failures but its not bad to always keep an update on the alt you have invested.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

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?

Usually when I invest in any altoin I make in my mind that if a certain price is reached like I bought for 100 satoshi then if the value drops to 30 satoshi or less then surely the coin is just gonna get dumped and hence I sell all the coins I bought. This saves some bitcoins though if the coin climbs back again it teases like nothing else. So there is a risk, there is a reward too.

Mbah Tyo

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1st of May

I think the name trading is no word lose our only patient not to wait for the coin it rose again the price, this is all just a matter of time, if not patient, then you will lose

MMA

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Quote from: sevendust777 on April 14, 2017, 05:47:30 AM

I deal with loss I think it as a challenge and I think just positive always in everything came in. Like in trading I make sure to it that Ive done the right thing but in case I have loss I take it as a challenge and move forward. A lesson that needs to remember and ofcourse needs not to put investment in one basket.

i think most of the people cannot bare lost and they become disappointed, i think very few people have the quality to bare secure their position while trading, they mostly lose hear and even stop trading anymore.

Kevin77

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Quote from: Sled on April 11, 2017, 11:41:53 PM

Quote from: lionheart78 on April 11, 2017, 07:14:28 PM

I do deal by accepting them and thinking my way on how to recuperate the damage done by the wrong decision I made. Aside from that I always make myself learned from my mistakes. I also do not act without thinking since it would cost me more if I become too emotional and go on with my emotion. I always make sure that I am in a rational state before making decision about that loses.

I agree that accepting and thinking about the wrong decisions or mistakes is a good move to deal with the loss and the most important is to make it as a lesson for your next trades because good decisions are came from experience and experience are came from the wrong decision so if you will always think that mistakes are just lessons in disguise then you will be able to control your emotion and trade better than before.

But thinking too much about a bad decision made while trading can get you in all sorts of trouble too. Trading is all about making lesser bad decisions and making the good ones in high number and hence making profits overall.

Being dejected with a certain loss is like you gamble and you get upset with a loss and too happy with a win, which should not at all happen in trading. You must feel that you always make right decision if the decision does not pays off move on to the next more carefully.

anks

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LSK, QTUM

i can deal easy with it because i only invest i can afford to loose of course i would be angry but i knew from beginning that it is a game you can loose
people who think the only option is to win are not clear in mind and shouldnt risk any money. there is always a risk and people should know that.

agustina2

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Quote from: ?? on ??

Hi Guys,
Well come to forum site.We think the most important thing you need to learn to do is to always put stop loss in your trade, alot could go wrong in a short space of time. We learnt that with Synereo ICO that went from 33ksat to 4ksat, this is important to reduce the loss to barest minimum. Concerning loss it is part of the game just make sure you win more than you lose.
Thanks.................

I know you won't read my reply here but for other newbies out there, they must understand that most coins on ICO have a sequence of hard pump that associated with hard dump. That is because there are numbers of big whales present that can wrecked the market since the coins are offered on cheap price prior it was placed on the market.

So don't ever be an enthusiast of holding new coins but instead go with their current flow. Most of the correction price of this coins are nearly around the price of their price bottom during the hard dump.

Nahl

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i was several times dealing with this situations but for me it depend how many bitcoin i have invested in altcoins because if i only investing small amount of bitcoin then i would keep on waiting untill the price bounce back with the risk i will lost all of my bitcoin if those coin will became an dead coin but if i investing huge amount of bitcoin then i would be the part of panic selling and will sell those altcoins immediately before my losses more deep

susila_bai

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Quote from: upsidedown75 on April 14, 2017, 10:42:50 AM

Quote from: sevendust777 on April 14, 2017, 05:47:30 AM

I deal with loss I think it as a challenge and I think just positive always in everything came in. Like in trading I make sure to it that Ive done the right thing but in case I have loss I take it as a challenge and move forward. A lesson that needs to remember and ofcourse needs not to put investment in one basket.

Honestly dealing with losses must require some mature mentality like treating it as an opportunity to learn and not to repeat the same mistake of losses.

When traders failing to learn some lessons from their losses, they will keep on repeating same mistakes and finding profits from trading will never be possible for such kind of traders. Traders should always look for continuous learning and losses are always coming up with the lesson to trader to make them professionals.

This are the golden rules which almost all the regular traders are knowing it, it is only the new traders have to follow to become professional trader. Even in dealing with sports gambling also you have to use the same rule of what mistake you have done due to that you got loss so that you should not repeat it.

upsidedown75

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Quote from: sevendust777 on April 14, 2017, 05:47:30 AM

I deal with loss I think it as a challenge and I think just positive always in everything came in. Like in trading I make sure to it that Ive done the right thing but in case I have loss I take it as a challenge and move forward. A lesson that needs to remember and ofcourse needs not to put investment in one basket.

Honestly dealing with losses must require some mature mentality like treating it as an opportunity to learn and not to repeat the same mistake of losses.

When traders failing to learn some lessons from their losses, they will keep on repeating same mistakes and finding profits from trading will never be possible for such kind of traders. Traders should always look for continuous learning and losses are always coming up with the lesson to trader to make them professionals.

Victorycoin

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The first step to managing loss in trading is the realization that losses are inevitable in trading and that they can also be managed. Based on that, it becomes feasible to understand the reason for a loss and a will to carry on. So many promising traders have had to drop along the way for their inability to realize the cause of the losses they incurred. The saying that a problem known is half solved, is also true here!

aardvark15

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Quote from: CODE200 on April 14, 2017, 09:26:52 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?

In my personal point of view and opinion the way i see or observed those people whose into trading deal with there losses as normal business because from the beggining there are fully aware that any business has risk same goes to trading it will not always be profitable of at all times.

It's tough when you lose money in trading whether you make a mistake or just have bad luck. It's happened to me, but I've learned to trade mostly Bitcoin and stay away from the minor altcoins. You just have to keep working at it and try to recover your losses.

CODE200

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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?

In my personal point of view and opinion the way i see or observed those people whose into trading deal with there losses as normal business because from the beggining there are fully aware that any business has risk same goes to trading it will not always be profitable of at all times.

jonsnow888

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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 sometimes wait to go back up again and most of the times I cut the losses quickly. It depends on the technicals. But I try as much as I can to not panic sell.

Loses are really tough in the beginning. But they are a part of trading, so the way I got used to coping with loses is: never invest an amount that I am not willing to lose. With good bankroll management rules, loses shouldn't affect you anymore, it will be just the cost of doing business (in case you have a trading strategy) or the cost of having fun (in case you are just gambling).

Try to imagine the sum of money that would feel uncomfortable to lose and then trade just a half of it. We all have different tolerance to the amount we are willing to lose.

Barbut

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★Bitvest.io★ Play Plinko or Invest!

This always depends how much I lost, for some little money I don't even lay attention, I just pass that like nothing happen, I know that learning has a price, but couple times I lost a bit more then I planed and that made me very nervous, I even thought to not trade anymore, but after couple days little by little I start to trade again. I deal better with lose from gambling, I don't know why, but same money lost on gambling will make me less nervous, when I lose that amount on trading I always freak out.

sevendust777

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I deal with loss I think it as a challenge and I think just positive always in everything came in. Like in trading I make sure to it that Ive done the right thing but in case I have loss I take it as a challenge and move forward. A lesson that needs to remember and ofcourse needs not to put investment in one basket.

EdenHazard

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Quote from: Potato Chips on April 13, 2017, 10:58:20 AM

The answer for this is the same on how do we deal with out life problems. First is to review what you did. Find something significant or something you

did that make thing things go in the wrong way. Learn from it and apply it when you did it again. It is understable to be sad about it but since you will

be experiencing more situations like losing it is a good to toughen yourself to not lose hope because instead of mopping and whining about it. As long

as you have time you make things better for the next one.

yes make sure you always learn from the previous mistake or something that make you failed.

to give up aren't a windup in business world, prepare yourself to face the next days and accept everything that have passed. do something new to keep up your spirit on fire. get a loss are not the end it is just another beginning to success in the future , keep that in mind.

Potato Chips

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yesssir! 🫡

The answer for this is the same on how do we deal with out life problems. First is to review what you did. Find something significant or something you

did that make thing things go in the wrong way. Learn from it and apply it when you did it again. It is understable to be sad about it but since you will

be experiencing more situations like losing it is a good to toughen yourself to not lose hope because instead of mopping and whining about it. As long

as you have time you make things better for the next one.

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