Topic: how to manage losses? - page 44. (Read 26576 times)

I accept my losses with my sense of humor,laughing at my own stupidity.That helps a lot. I think we should take it easy,crypto is very unpredictable so there's no need to go mad.

The best way to avoid losses in the future is to do the work on the errors and understand why this happened.

If you're dealing with a loss, try to think about your mistakes, and do not repeat them in future. If you did margin trading and you got liquidated, think! Did you really had to do margin? If you weren't patient enough with a trade, think! Can you be more patient in future? If you listened to wrong advice think! How can you tell the right honest advise from lies and biased ones?

Remember, whatever you do, do NOT surrender and accept defeat. Anybody who got successful in the market was defeated and lost 10 times before his/her success.

You can try day trading. Buy low, sell up 3-5-7%, but for that you need to have some knowledge about market and trading in general.

In my opinion, risk management is very simple loss, you lose 10% cut and wait for the signal to buy, buy at the red candle or wait for the market to buy, pay attention to new players you Should follow the candle day, learn technical analysis, the simple way is to sell hold coin waiting for target x1.5, x2 is sold out, 10% stop-loss hole, waiting for uptrend market signal buy

We all have to deal with losses from time to time, sometimes even with significant ones. This does not specifically apply to the trading world but in all aspects of life as well. As a new trader, it is impossible not to have any loses at all. The big challenge at the beginning is to cut your losses short. And this is not really a problem if you stick to the rules. Get the right knowledge and you’ll see that profitable crypto trading is not rocket science, the major challenge actually is to stick to the rules and not acting spontaneously, out of sudden emotions. Always remember, also winners have losses from time to time, but they learn from them and they know how to cut them short. While losers never learn from their mistakes.

Before you invest, you should think about this issue. How much loss can you bear? Your investment should never exceed your level of commitment. If you do this, then you will not worry about your loss every day.

get used to secure the capital first if it is getting a profit, get used to using the results of the profit, so at the time of loss will not panic because the capital is safe and do martingale step, or never invest in one place Thanks

Coping with stress, you need to change the type of activity. Good help is walking in the fresh air and active games. In addition, you should have sports in your daily routine.

basically every one of my investments in crypto is only a small part of my money, and when it is a loss it is a fairness in doing business. because it is a risk that must be faced, in a condition of loss, then I will add capital assets for my trading again.

First of all I never panic about the price going down, I panic the price is not coming back up for more than a month. That is the rule for concern to me. Usually I put around 10-15% in altcoin and now I have around 8-10 altcoin in my portfolio.

Be camly accept your losses and be optimistic to the future. Just hold you r coins until it reaches your desired prices or value. I think you have always a backup plan if you invest in the cryptocurrency. Don’t lose your money only in one ICO or cryptocurrency.

Go long after a bullish price action reversal on the H1 time frame following the next touch of $6,546.

Put the stop loss 1 pip below the local swing low.

Adjust the stop loss to break even once the trade is $200 in profit by price.

Take off 50% of the position as profit when the trade is $200 in profit by price and leave the remainder of the position to ride.

Short Trades

Go short after a bearish price action reversal on the H1 time frame following the next touch of $6,805.

Put the stop loss 1 pip above the local swing high.

Adjust the stop loss to break even once the trade is $200 in profit by price.

Take off 50% of the position as profit when the trade is $200 in profit by price and leave the remainder of the position to ride.

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.

BTC/USD Analysis

I wrote yesterday that the action still looked relatively bullish, but I had no directional bias. The price did move up, with the recent key pivotal level continuing to act as support and resistance around $6,500. I also said yesterday that the price needs more time and more bullish action before it can become possible to be more confidently bullish. I think this is still true as moves seem to take a long time to happen, or happen in sudden spikes, making this somewhat difficult to trade. As there has been mild bullishness for a while, it feels as if a break below $6,500 could produce a sharper move downwards as long trade stops would be uncovered.

There is not the right way to manage or avoid losses. I think that it’s important to check all information of each aspect in project before making the choice.

Try not to take is as gambling is what many people are saying here hehe in short.

By investing when the prices has and exercise a reasonable patient as to when to sell back with that all loss might be redeem within a short period of time

the only way is to just tolerate. in no case should you try to level the loss by investing new funds. this will lead to even greater losses. it is tedious to analyze everything where you made a mistake when investing and try to look for ways to income

The best way to manage losses is never to sell at a loss, no matter the price it gets to. I've been carrying JET8 at a loss of over 90% from ICO price and i'm yet to panic sell at a loss even though the huge loss is constantly staring at me in the face. You can also average down your losses by buying more when the price goes below your initial entry price.

First, you need to invest only the money that you are not afraid to lose. Secondly, you need to diversify your investments. Third, do not panic. That's all.

To minimize losses - you need to diversify your investments.  And if you still incur losses, at the moment there is only one way out - to wait for growth!