Topic: How to stop taking high risks? (Read 499 times)
I don't know how you can lose the deposit you meant, which means you lose 100% of the deposit you made. You are trading and not gambling, because in trading at least you still get back the money you have spent in trading, or maybe you buy shitcoin which indeed it will have a high risk such as losing all deposits because there is no more demand. So if that's the case then it would be better for you to only make buying on the top coins just to reduce risk, because at least you will always have a risk in trading.
The only way for you to stop taking high risks is to invest or deposit an amount that you can afford to lose. Although it’s a gamble that you may have the chance to win big, but expect that you will lose big as well.
In my own mentality of trading Bitcoin and other altcoins, I always say to myself that I should expect more in losing than winning. As I’ve changed my mindset to this one, I am less affected when I had losing events. Plus, I never invest or trade big amounts.
I usually diversify my own digital assets, not just sticking to one or a few only.
P.S. Another way to stop taking high risks is to not engage in trading anymore. In that way, no risk involved.
In my own mentality of trading Bitcoin and other altcoins, I always say to myself that I should expect more in losing than winning. As I’ve changed my mindset to this one, I am less affected when I had losing events. Plus, I never invest or trade big amounts.
I usually diversify my own digital assets, not just sticking to one or a few only.
P.S. Another way to stop taking high risks is to not engage in trading anymore. In that way, no risk involved.
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
For me, you should try first to trade a lower amount than you usually trade. I'm sure that you know that in trading/ investing just spend that money that you afford to lose. But if you are saying that you always seek for a high profit and end up losing the money you are risking a huge amount of money that you can't afford. Also, try to relax and calm your self, I know that in trading the minute counts but try to analyze it thoroughly and stop trading in leverage. Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Mind setting. I use to trade like that, look for high gains but I end up like what you said disaster. So what I did, as soon as the buy order is completed, I place a sell order at 2% profit and move on to my other trades with the same target only. I find this much easier and trade will take a shorter period of time than aiming for higher profits but ending up in loses.Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
The limitation might place an important role in trading, it is a part of our self-control. Not do need to think positive all the time cause even how to do it right we eventually sometimes suffer losses. Having 2% profit every day in trading is really satisfying...
some people do like challenges and high risks, and I think you are one of those people,
do not doubt if that is your nature, do as you and your heart like,
but always remember not to use emotions when playing, it will only damage you.
do not doubt if that is your nature, do as you and your heart like,
but always remember not to use emotions when playing, it will only damage you.
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Mind setting. I use to trade like that, look for high gains but I end up like what you said disaster. So what I did, as soon as the buy order is completed, I place a sell order at 2% profit and move on to my other trades with the same target only. I find this much easier and trade will take a shorter period of time than aiming for higher profits but ending up in loses. Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
The game of trading is all about taking risk and if you are going for huge payouts like in OPs case payouts of 50x 100x
then be reluctant to pick out small profits and see how much will be accumulated in the long run, if not have a stop loss that won't eat up your capital.
then be reluctant to pick out small profits and see how much will be accumulated in the long run, if not have a stop loss that won't eat up your capital.
Well Op, do you believed on saying that if you are a risk in taker, you are near to be a successful trader?
But first, you need to have a self-limitation that not exceed to the point of being greedy. Taking high risk is very complicated things you need to have a wise decision on this. Indeed, to stop of taking the high risk just quit in trading if you would, obviously you can stop.
But first, you need to have a self-limitation that not exceed to the point of being greedy. Taking high risk is very complicated things you need to have a wise decision on this. Indeed, to stop of taking the high risk just quit in trading if you would, obviously you can stop.
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
You already know the outcome of high-risk trading and I see no other reasons on why you should continue given your experience.
High-risk trading may actually be considered as one of the methods of trading and I highly advise people to do such (given that they have the capital) but if you are on a streak of losing money with the same cycle repeating, then everything points to the sign that you should explore other options available. Trading and earning money is not about who quickly gets everything in the shortest amount of time (although preferably), it's about doing everything strategic.
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
How to stop doing that is just for you to stop being greedy, because i can see that it is typical greed that is just making you to leverage high, someone who is not greedy will never leverage high and would just trade normally and if we are going to leverage, the highest that we should leverage is 2x.Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Leveraging is a very risky trade and it is not all about being an expert in trade, you can be an expert, but it will only be shown when you are trading without leveraging, so if you really want to minimize the risk and losses, make sure that you reduce your leverage, at least the experience you have had with high leverage will help you to scale through low leveraging and you will find yourself actually doing much better with low leverage.
Stop being greedy.
That's it.
You've already risked a lot by doing x10 and then x25. I think that should be enough to stop.
Go look for another trade by looking for another crypto currency.
There is a lot out there and a short monitoring could make you some conclusion and then maybe trade it afterwards.
Just my own humble opinion. I dont go far on staying with one crypto when I trade short term.
That's it.
You've already risked a lot by doing x10 and then x25. I think that should be enough to stop.
Go look for another trade by looking for another crypto currency.
There is a lot out there and a short monitoring could make you some conclusion and then maybe trade it afterwards.
Just my own humble opinion. I dont go far on staying with one crypto when I trade short term.
Risk taking isn't bad but what is bad is allowing it to get to your head always to the extent you don't know a limit. This is where the issue is, master the things you do that gives you profit and stay with it. If you go out of that, that could make you lose.
Practically speaking, everything must have to set into some limitations and we have to know that before we've gone so far. I know it is not really hard to find but we are totally lingered into mentally ill when we are talking about money and how to make it more.
The reason why people tried to pick this risky thing is that because they'll want to make money but somehow they'll never how this thing works on.
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
You actually have a simple problem.If you do find out that 25-100x is high risk and you are losing deposit then why not simply stop on what you are doing?Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Stick out with your comfort zone since you do mentioned that 10x do suits you best and gain you a lot.Dont go overboard for too fast but well
being a gambler do comes out in times like this when we do really look after for big profits.
Are you really asking us how to stop leverage trading? The simplest answer is to just do it. Like an addict that stops smoking or drinking you just do it! 
If you really want to keep trading go to a 2x leverage or 3x if you must. Most pro traders do not recommend high leverages at all. It's too easy to get liquidated and lose everything.
If you really want to keep trading go to a 2x leverage or 3x if you must. Most pro traders do not recommend high leverages at all. It's too easy to get liquidated and lose everything.
Did you have comfortable when doing that? And is it work for you to gain much money rather then you use another strategy?
I believe someone must have his own strategy and it is okay if the strategy is different with other people as long as you have comfortable and gain a lot of money as well. It is common thing happened that the issue of high gain and high risk and low gain and low risk and it is back to yourself again.
If you seek that your way is really profitable then another strategy it is not wrong to use it as your main strategy, and remember you have to avoid the greedy thing it will make you slumped down at the end. But if you find another strategy and you are convince that the strategy is more safe then you have to change it as much as possible before you late.
I believe someone must have his own strategy and it is okay if the strategy is different with other people as long as you have comfortable and gain a lot of money as well. It is common thing happened that the issue of high gain and high risk and low gain and low risk and it is back to yourself again.
If you seek that your way is really profitable then another strategy it is not wrong to use it as your main strategy, and remember you have to avoid the greedy thing it will make you slumped down at the end. But if you find another strategy and you are convince that the strategy is more safe then you have to change it as much as possible before you late.
Risk gives us strong emotions as a result of which we cannot stop taking risks. Many people know this feeling when you see the opportunity to get high profits and take risks. But it is precisely a successful transaction and an increase in the deposit that push us to take risks again, but this is part of our life, so I do not see anything wrong with that. But if your risk brings only losses, then you need to refuse it, because the risk should be profitable.
Guys, I really appreciate your support and I couldn't even imagine to see plenty of answers on my topic.
Thank you so much, I will try to cope with my emotions and start more conservative trading
Thank you so much, I will try to cope with my emotions and start more conservative trading
You will have so many recommended idea to solve the problem that you face so you can learn one by one from what other members suggest. But you should learn how to control your emotion because that will be an important thing that you should in trading. You will find that doing trading will need a big effort and it's not easy because you need to spend your time to analyze one by one of the coins available at the market. And if you can find the potential coins in the market, and you already buy at a low price, then you will be able to make a profit in the future. Don't forget to know how much money you will use to trade and identify when the best time to leave the market.
But I realise that trading with high leverage is a disaster. How to stop doing that?
If you really understand your situation then what is stopping you from changing that habit of trading with high leverage 
. No matter how much advice you get from online random people you should take a break from taking high risk trades and have some fun for some time and have a rather cool mind set and if you still cannot change that make sure you consult a Psychologists . Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Better to play gambling if you do treat leverage trading like that way. We know on how risky leverage trading is but we shouldn't come to a point that we are Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
doing it randomly or without any basis and being hyped up with fast returns.We can make money but it do corresponds on how we do make some good analysis.
You are just being dragged off with emotion boost up but on the way you are doing or acting seems like no different with a typical casino gambler.
Point is that I became tolerate to losing funds and high risks. So now I can afford to lose even too big amount and other people money
Yesterday I lost my client deposit... It was like a trial period to test my strategy , I managed 0.1 btc of his deposit, I started with money management, small leverage, made like 10% of profit in first 2 days and then I switched to big leverage, shifting stop losses once price is getting closer, emotional trading and lost everything!
This is because of the market volatility and remembers that you never controlled the market. This is what I think you've missed up, Technical analysis. You must have to change your strategy, I don't know if you are closely observing the market movement or just putting your trades without any trading tools that might help you. Cause if you don't, you are just simply putting your self at high(very) risk and pretty ended up losing. Yesterday I lost my client deposit... It was like a trial period to test my strategy , I managed 0.1 btc of his deposit, I started with money management, small leverage, made like 10% of profit in first 2 days and then I switched to big leverage, shifting stop losses once price is getting closer, emotional trading and lost everything!
You already have that struggles and I hope you learn something from that and tried to listen of what the other says.
Well, it's true that @OP trades with money that can afford to lose so @OP puts trades without any trading tools. This is normal for some people who have quite a lot of money, they like to play in trading. I think @OP must feel that money is limited to trading, so @OP is more careful in trading and analyzing carefully before trading.
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