Topic: How do you handle losses in trading? - page 3. (Read 1318 times)
I will talk about my experienced about leverage trading, specifically binance futures. I know it is riskier than usual spot trading but I tried it anyway and lose several times I also make good positions but my losses are bigger. I tell myself I am not ready with that kind of trading I just stick on spot trading right now and move on from that. I am also doing practice trading on demo accounts on leverage trading to make myself more familiar with those kinds of trading. If I lose I will not be stressed It will not help you mentally and physically better find ways to recover.
It is very unfortunate that losses had come always to us when we are not particular in taking care of our trades. Some/Or many had suffered big losses as they never corrected the previous mistakes that brought these things like this. If we could take immediate action to that matter, I supposed to think that we are not having a problem and that losses will be flattened.
Constant losing is a thing to worried about but if we don't ignore it at once and find the solution to that, it surely we are hitting our target. If we think positive to win this battle, we should take trading seriously.
Constant losing is a thing to worried about but if we don't ignore it at once and find the solution to that, it surely we are hitting our target. If we think positive to win this battle, we should take trading seriously.
Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
As a trader you should understand that you're here to take risks and you should be ready to face them. If you're not ready to take risks then trading is not meant for you. Trading is for people who are ready to take risks and you should know that it's not all the time that you're going to be making profit. There are times you can lose your money in trading.Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Why I am saying this is that anyone who truly understands cryptocurrency trading, when they lose their money they won't really worry much about it and they will just relax and look for a way to recover the things they have lost from trading. I believe every trader will find a method to cope of losses but the initial days are the key. If we lose our confident then gaining it back is more difficult that anything else.
Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
As an individual traders in cryptocurrency, you should know how to accept to lose your assets or investment in trading.
Because if you are not aware or prepared for losing your assets that means your not qualified to stay here in this crypto industry.
If there is money involve, it means there is also lose waiting for us in the future as well not all the time you will win in the market.
Even we research a lot, sometimes it is impossible for us to predict the loss, though we should consider it as a mistake made by us, the business itself, there are ups and downs we have to accept both these tasks and move forward. A positive attitude will always improve the standard, which we might not repeat the same mistake every time.
that was hard when you confidently think yourselves that you have already in good shape, well prepared, and willing to lose either.
That is why we keep learning and seek advice for others in order to grow and not to look down on ourselves. If we think like this, we can't be successful and that losing will come closer to us.
That is why we keep learning and seek advice for others in order to grow and not to look down on ourselves. If we think like this, we can't be successful and that losing will come closer to us.
It was acceptable to have losses in trading but it was also different when you are saying ALWAYS. If this case is still happening, I have to quite in trading. There is something we need to figure out what is wrong and where are we getting wrong, our strategies? Luck of knowledge? Or we are an emotional trader.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
Yeah, always is the difference here when you are trading. Even the greatest traders make losses, you can be a hedge fund worth trillions of dollars and you could still make a loss time to time. Hell they make the biggest ones that destroy the economy most of the times and have financial crisis, so we all know that they do have losses.Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
However, when you are talking about losing money constantly, that is something different. I personally think the best way to move on from the losses is to figure out what you did wrong and not doing that. But if you have tried many methods and still losing money, maybe trading is just not for you? I don't know the cause of the loss in topic here so I can't say something, how you lost money and why you lost money will change how to handle it as well.
Facing a loss is never easy but it's something that you need to count on. As long these are sums that you can afford to lose it shouldn't be that bad.
Personaly I don't trade big so the losses are not big either and I like to play on safe cards, to put it that way.
However, if losses happen I usualy pause for a while and try to restore some funds from other sources. I don't push instant recovery with trading because usualy that leads to even deeper loss.
Personaly I don't trade big so the losses are not big either and I like to play on safe cards, to put it that way.
However, if losses happen I usualy pause for a while and try to restore some funds from other sources. I don't push instant recovery with trading because usualy that leads to even deeper loss.
Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Facing losses is not a big thing when you are trading along with calculated risks. It means you must risk in your trading only what you are able to afford on the event of losses. Most people never think about hitting stoploss and that is the reason they will get frustrated when stoploss is happening accidentally. Moreover it is not right to call it accident because we should expect hitting target and hitting stoploss at the same level of probability; hitting both must be having equal chances. Only people who are able to understand these facts could come out of the losses and start focusing on next trade.Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Yes, only people who are able to quickly accept losses will get chances to recover it quicker than any other traders. It means thinking and worrying about losses will not help any trader but we should come out of it so that we can recover from another trade. This is the basic rule every trader must remember so that they can easily handle losses while trading.
Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
I had experience that before last year, when I made some bad decisions on trading with Bitcoin and altcoins. During that time when I lost a lot or missed that opportunity, I had nothing but regrets and I'm kinda emotional that time. It makes me think that I should quit in crypto trading.
However, if I just quit crypto trading, it wouldn't make me improve as a skilled trader. As for my way in handling losses, I just keep myself that I can get back that money anytime and profit one day. I focus on being productive rather than thinking about the losses, which makes me move on from it. I also admit that I am not skilled enough to be a trader, so I had to educate myself.
Platforms like NewsCrypto, Youtube videos from crypto influencers, TraderCobb and so on have helped me a lot to improve my skills as a cryptocurrency trader. At least I know that the next time I'm going to occur losses, I know what to do by just focusing on being a productive guy and thinking that this loss is just normal and I had to live with it.
I also had a mindset that I'm expecting more losses than profits. In that way, I won't get disappointed and being emotional too much.
well i just accept ang let go about my loss i'll just do it again because i might get lucky and retrieve my loss.
Before I put money into something such as trading, I go with the mindset that I have to be ready to lose all of my investments.
If a loss comes to me, then I'm not too sad about it.
But of course, it affects me in a way, for example with etherium, on the first investment I lost 50%. It made me feel bad, but I knew that it wouldn't affect me at all financially so after some time I got out of it.
If a loss comes to me, then I'm not too sad about it.
But of course, it affects me in a way, for example with etherium, on the first investment I lost 50%. It made me feel bad, but I knew that it wouldn't affect me at all financially so after some time I got out of it.
It is a hard process to be honest.
The first time I trade, I did a lot of losses and it's been a while before myself got used to it. Despite me knowing that Bitcoin and other cryptocurrencies are volatile, I still get upset, regret some of my decisions but in the end I kind work through it. It is still hard to deal with or handle losses since there are other things that could affect you like other problems (personal).
The first time I trade, I did a lot of losses and it's been a while before myself got used to it. Despite me knowing that Bitcoin and other cryptocurrencies are volatile, I still get upset, regret some of my decisions but in the end I kind work through it. It is still hard to deal with or handle losses since there are other things that could affect you like other problems (personal).
It was acceptable to have losses in trading but it was also different when you are saying ALWAYS. If this case is still happening, I have to quite in trading. There is something we need to figure out what is wrong and where are we getting wrong, our strategies? Luck of knowledge? Or we are an emotional trader.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
I agree with you. Some people believe in the concept of taking risk and losing while trading to the extent that they've forgotten losing is just to be a part that should make you rethink and restructure your trading strategies towards a more profitable one. It is okay to take risk and make mistakes but don't take blind risk, any trader that want to be profitable must take calculated risk as well be uptimistic always
Taking consecutive losses in trading has led to a lot of blown accounts.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Losses affects us psychologically and doesn't make us think logically.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Trading isn't an easy task nor a simple game. A trader must always set his psychological stability before taking any steps in trading as risks are common in the matter. Also, a good trader doesn't always learn just because he has been told that he must be stable under any pressure, but rather by experiencing such losses in trading and coping it up. Professionals can also loss a trade, but then it is by experience that makes him invulnerable to such psychological breakdowns.
I always set how much money can I lose in a day so that it will affects me a lot. If I find to difficult to trade that specific day I immediately stop and eliminate the possibility that I might lose a bigger amount of money that day. I also list down where are my mistakes in that trade so I can avoid it next time. You can also make different things aside in trading so that you can't trade continuosly.
It was acceptable to have losses in trading but it was also different when you are saying ALWAYS. If this case is still happening, I have to quite in trading. There is something we need to figure out what is wrong and where are we getting wrong, our strategies? Luck of knowledge? Or we are an emotional trader.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.
I do a lot more research about the project before I invest in it, and will only buy the bottom of a good project. That's how I minimize losses. When I first started out, I invested in a lot of scam projects that stole my money, and I FOMO'ed into shitcoins and panic sold the dips. I've learned a lot since then.
I guess you have misunderstood what the OP means about handling losses in trading.
Investing in a certain project and holding their token is different from trading alts in the market. Of course when you're trading you don't want to buy shitcoin just to rot inside your wallet.
Losses are inevitable when trading. Experience will give you tip on how to minimize and handle your losses. You basically just need to be patient, learn from mistakes and be very observant on TA's.
Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?
Share your experiences and techniques, this will be helpful.
Many things do help me overcome the trauma of trading loses; first is the fact that i fo enter the trade with the mindset that it may go South, then again i do trade with either my spare cash or the money i can afford to lose because you just have to keep learning new market analysis everyday and losing is one of the perfect way of learning them
Trading is something I came to understand that if you are not patience enough forget it. You can't handle the market. Am not a trader tho but have been in that state before. It has to do with lots of calculations and more time into it than to your self. I didn't run away from it because of all that but I just keep away because that's not my kind of life to practice into. But hey I was dam good when it comes to F.a (fundamental analysis) and as well to analyse chart. Now you want to learn some why not try. http://babypips.com
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