Investors their mind - page 11. | Bitcointalksearch.org

Hamphser

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

When you do step your foot into trading market then you should really prepare yourself about losses.Yes, its hard to not to make any reactions because we do lost money which we do really value that
much and its impossible for you to play dumb

but once you do gain sufficient experience into this market then you would really able to handle it out and instead of quitting or getting frustrated, you would rather find out solutions
but not all would really be that capable.

Being investor isnt something simple as it sounds which there are lots of factors that is needed to handle situations like these.

el kaka22

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I personally do not really care because I know that there will be losses all the time, it is just the norm of the trading world and you get to have some losses time to time. Of course, if I end up having a horrible period and lose too much in a row that's sad but it doesn't change the fact that I will eventually make that back because there are also times I make a profit back to back for a long time as well.

It is just simple for anyone who has traded for so long, it is just a normal thing that everyone has to realize and eventually you will end up doing it as well. It is not really that big of a deal to lose after a while, like yeah first few trades when they are bad it upsets you but after the 1000th trade then you do not really care about it. I just grew to get used to it at this period and that is why I am feeling fine whenever I lose money trading.

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

The same way you control your mind when your are on a winning trade. A profitable trader always decides how much he /she is Willing lose on every trade. If you consider profits alone in your trades then you are really greedy and not ready to make reasonable profits. Let your losses be a part of your trading portfolio this way you would limit your losses and maximize your profit

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

Actually a proper trader expects that the price can go south unexpectedly and uses stop loss mechanism. If this is done, there won't be a "huge loss".
Imho the only ones getting huge loss are trader wannabes who don't know what they're doing and treat trading like it would be gambling. (I've been there too, long ago).

riso2015

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

We must understand that in every investment that we make, there must be a risk of both loss and profit. That 's a basic thing that we must understand . And often people say "invest according to you are ready and ready" can afford to lose it." So here we say that investing is full of risk, so invest what you think you are ready to lose. This is what I apply so that when I am in a failure I am not too down, aka. quickly get up again for this.

palle11

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Accepting loses is professional and being professional comes with experience. A professional trader put into the business the losing times and so when it comes, it is seen as part of the business just also when there are profit. The different thing about a professional and a newbie on this is that they use stoploss to cut down on the losses but a newbie don't and they will keep reacting on the losses if they still have balance though. We can see losses from good money management and it won't mean so much but it beats the heart if we have bad money management.

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

A simple question from me: do you think of any other options before trading besides profit? That is the problem why every time you start trading, beginners are more dominant in thinking about profit and profit. In fact, it is not as easy as imagined. Crypto trading has the same risks as another trading where every time there is a profit there must be a risk of loss in it.
Cultivate an optimistic attitude and don't get carried away easily just because you see a decline and then take action immediately or there are statements like this "it's better to lose than see the portfolio value decline".
Remember that we are trading cryptocurrencies, not investing or trading gold with a relatively stable value.

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

Its not happen for a professional trader to loose a huge amount .I think its happen with the new trader who don't able to control his/her mind on trading and get huge profit at a time time and get a huge loss after that .Its a usual behave of the market that its always fluctuate and if it is crypto it will be much and more than other market .So if a professional trader loose his money he try to recover it from a secure way it could be money management or safe entry .So its a common thing for him and may be different story for new trader that he/she try to learn more to recover his/her fund .

michellee

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Accept the loss and take a rest for a while because at that moment, you will have a big sadness and it needs to calm down. And if you can calm down and think clearly, you can continue trading to recover your losses. Before you can calm down, I suggest you not try trading because that can attract you to get more losses without you realize. Besides that, you can gamble with your money as you can not analyze because your intention to recover your losses becomes bigger, making it difficult to recover the losses.

Reid

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Not every day is a lucky day. Grin

There will always be ups and downs and if you know that deep in your mind then you won't be asking these questions.
Most probably, you are not ready yet to absorb all the losses. We've all been there but with gaining more experience, someday it won't even budge you.

Just keep in mind it is a normal thing to happen, just don't get used to losing more.

Wexnident

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Accept it. I mean, unless you have a super magical power that turns back time or can magically hack the blockchain so that you can return back what you lost and be happy with that, then that's the only thing you could do. Though tbf, if you had the power to do one of those things, why the hell would you even bother trading lmao. Really, just accept it, move on. Close whatever your using in trading, get some sleep, read some books, play some games, then go back after calming yourself.

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Quote from: Gosgosking on September 01, 2021, 01:56:25 AM

It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

being knowledgeable about trading is a big advantage, i mean you can handle such situations and perhaps you know what to do especially how to control your emotions. wherein there's no need to worry about it as long as you trade for long position.. If not then it's a big problem and the only choice you have is to hold until you regain the losses..

jossiel

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Acceptance.

Accept that there will be times that it won't be in your favor and it is happening to everyone. You can win some and lose some, that's the reality in everything not only in trading and investing.

mk4

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You simply just remember that there's no guarantees of being successful when trading. Or not even just trading, with literally everything in life— relationships, businesses, etc. You simply over-perform while setting your expectations low.

Gosgosking

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It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose

Topic: Investors their mind - page 11. (Read 1435 times)