Investors their mind - page 6. | Bitcointalksearch.org

Ziskinberg

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Quote from: nurilham on September 15, 2021, 05:58:15 PM

I agree with that, therefore I assure myself that there is a risk or failure and that our mentality is the most important thing in trading. if we get defeat and feel burdened and also give up then it will not work. it's natural that at the beginning we will surely get failure but we can learn from that failure. Making a profit in trading is fun, but learning to be mentally strong with the possible risks is equally important. So don't be in too much of a hurry to get big profits and forget everything.

Honestly, not all have the guts to change their mindset but rather to keep it for their whole life. It wasn't new to us why many traders are quitting and losing big amounts as they can't afford to change it. This is to show how important to have that positive mindset over a negative mindset as this could surely affect decision-making.

If we keep negative, I don't know if there is a reason to stay in trading but rather to let it go and find a place where we can maximize our knowledge and skill as this place wasn't the right place for us.

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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

I will take a rest. Because if we forced ourself to get that losses back, big chance we made another mistake and then get bigger lose. Better to stay a while from a market, and if we know 1 important rule in trading which is we use money that not used to daily life, we shouldn't be worry with waiting for market and ourself in a good condition.

Benefactor

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That to ponder moment rich, is way unthinkable. obviously, we can make some benefit in exchanging yet you can't get in a moment, it requires months or even a long time contingent upon you. You can win a few and lose a few, that is the truth in everything not just in exchanging and contributing. Continuously consider it, and afterward you will perceive how alright imperative to control feelings in crypto exchanging.

nurilham

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I agree with that, therefore I assure myself that there is a risk or failure and that our mentality is the most important thing in trading. if we get defeat and feel burdened and also give up then it will not work. it's natural that at the beginning we will surely get failure but we can learn from that failure. Making a profit in trading is fun, but learning to be mentally strong with the possible risks is equally important. So don't be in too much of a hurry to get big profits and forget everything.

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Quote from: kapalmabur on September 15, 2021, 12:14:42 PM

Quote from: cryp24x on September 14, 2021, 01:57:15 PM

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

As an investors you should always apply DYOR(Do your own research) before getting involve yourself into something.
Because having a knowledge about what you are entering in an investment form here in cryptocurrency can be an edge for us
to earn in the future, but if not surely, your capital will be lose. That is why being an investors must be a risk taker.

Doing research and analyzing it is important so that we can make the right decision,
and talking about risk, indeed in cryptocurrency the risk is big, I think everyone already knows about it,
Dare to take risks and be able to manage them well of course that's a good thing

Earning money isnt really simple as it sounds even though you do see that lots had already making some profits but doesnt mean that it is really simple for you to do so.Of course this do really involves
losing and profiting which would really vary on how well you do deal off with your investment and this is something which do differ on each person.
Always mind off about the risk because this had been always the main priority before diving or stepping your foot into this market.

kapalmabur

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Quote from: cryp24x on September 14, 2021, 01:57:15 PM

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

As an investors you should always apply DYOR(Do your own research) before getting involve yourself into something.
Because having a knowledge about what you are entering in an investment form here in cryptocurrency can be an edge for us
to earn in the future, but if not surely, your capital will be lose. That is why being an investors must be a risk taker.

Doing research and analyzing it is important so that we can make the right decision,
and talking about risk, indeed in cryptocurrency the risk is big, I think everyone already knows about it,
Dare to take risks and be able to manage them well of course that's a good thing

Emitdama

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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 issue with most people is that they are always Expecting to make gains all the time, due to that when they lose it affects them negatively. But, if you have it in mind that there are risks involved in what you are doing, then you will be ready for whatever will be the outcome of it.

So, I think the solution to this is that people should always be ready for what’s coming, they should understand that there are risk involved in trading cryptocurrency daily and they should invest what they can afford to risk, if not that way then they’re not going to be happy with what’s going to happen to them. Imagine when you don’t have enough money and you are investing all that you have, then you are going to feel the pain when you lose it.

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Quote from: cryp24x on September 14, 2021, 01:57:15 PM

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

As an investors you should always apply DYOR(Do your own research) before getting involve yourself into something.
Because having a knowledge about what you are entering in an investment form here in cryptocurrency can be an edge for us
to earn in the future, but if not surely, your capital will be lose. That is why being an investors must be a risk taker.

A must thing and its just dumb that you do consider out on making investments without having proper research because if you do then you are just simply doing gambling in the first place.
We are here on making profits but it wont really be simple as it sounds yet you would really be needing some research and analysis on which projects or coins in the market will you do tend to
buy on.Dont anticipate that money making on this market is simple because it doesnt really work on that way this is why we should really be keen on making out steps.Dont rush up and
always scale up your risk management to take some advantage.

cryp24x

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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

As an investors you should always apply DYOR(Do your own research) before getting involve yourself into something.
Because having a knowledge about what you are entering in an investment form here in cryptocurrency can be an edge for us
to earn in the future, but if not surely, your capital will be lose. That is why being an investors must be a risk taker.

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Quote from: SirLancelot on September 13, 2021, 12:25:09 PM

Well, you do not control the joy that comes after winning a trade it’s also the same way that you cannot control the pain that comes when you lose. Though you can lessen the pain that you will have to go through after a loss by following some strategies – you can make use of stop loss to cut your loss short, that way you wouldn’t have to lose too much when you make a mistake while trading. It’s best to control it before it happens, but if you let happen, then you’re sure going to feel the pain of losing your money. So be calculative of the steps you’re taking while trading.

You don't really have to lessen the pain, or heck even ignore it. Accept it for what it is and acknowledge that you made a loss or a win, just that, don't let it influence your decision-making. Ignoring your losses and wins seems contradictory to using experience as the method to learn and grow, after all, if you simply ignore it, you're just going to repeat the same loss mistakes over and over. Accept, acknowledge and then learn from it. It's simply a method where you have a strong grip on your mindset, even with losses and wins.

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Quote from: Hippocrypto on September 01, 2021, 06:57:38 PM

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 huge lose was a disgusting feeling, some people even committed suicide when stress and depression went at worst case. When trading has been managed like gambling, there could be situations that you become uncontrollable risking all over funds for no assurance assets. Most often when there's profit, you won't be satisfied then look for another coins to trade without knowing you're losing much higher instead of gaining sustainable profit.

Unfortunately this is very common, one of the biggest mistakes that I see people making is to trade without a money management strategy and this is a huge mistake, after all one single loss can be more than enough not only to erase months or even years of profits but to make them lose money, then they get desperate by what happened and then begin to revenge trade only to lose even more money and this has caused more than a few suicides among the trading community.

SirLancelot

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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

Well, you do not control the joy that comes after winning a trade it’s also the same way that you cannot control the pain that comes when you lose. Though you can lessen the pain that you will have to go through after a loss by following some strategies – you can make use of stop loss to cut your loss short, that way you wouldn’t have to lose too much when you make a mistake while trading. It’s best to control it before it happens, but if you let happen, then you’re sure going to feel the pain of losing your money. So be calculative of the steps you’re taking while trading.

CaVO32

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Quote from: LUCKMCFLY on September 10, 2021, 01:56:12 PM

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

I think that in order to know how to manage losses it is because there was no prior control, that is why whenever I can I recommend that the trader must first think about how much money he is willing to lose, most people think that the first thing to do is is to calculate how much will be earned.

Another thing is that you should not bet all the balance you have, I recommend only risking a maximum of 20% of the general balance, hence at least make 3 trades, and use the Stop Loss, the Stop Loss not to put it with that much percentage loss, which is much less than 10%, at least 8% maximum, and profit I always place 20-24%, if I lose I assume my loss, and if I win I do it with a good percentage, with the possibility of moving the Stop to keep earning even more.

It is hard to count how much you can earn if you haven't finished executing your trades. But you can get an approximates if you have target selling price. That is, if the market is in favor with you, you can easily achieve your targets. However, in most cases, because you have no idea about the future of the coin, you will just depend on how the market behaves. But that is right, before you go in trading, make sure you have at least plans on what you want to achieve and how you will achieve it. It helps.

jostorres

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Quote from: DarkDays on September 08, 2021, 10:25:35 AM

Best is to avoid being in that situation, but if you find you're losing it after losses remember this:

1) Don't be greedy - if you are and get rekt next time remember it
2) Have a plan - if you haven't it's on you
3) Don't FOMO
4) Try not to panic react

And, most importantly, always remember the risks, and also the overall performance, don't isolate specific trade look at the bigger picture. If none of the above help, you must revise your methods.

That second one is certainly one of the most important ones in the list. If you have a plan, "buy at x price, sell at y price" and can back that up with data, then you will most likely profit. The data is out there, if you search and study and find good data that shows you buying at X price is a good place to buy, and see data that shows selling at Y would be profitable then you will definitely make a ton of cash while trading.

I personally can't do that very well, but I try to do that. I never buy a coin just because it looks like it will profit, that is not a good reason, having some "belief" on that project is never a good reason. Always have a plan with data backing that plan up. That way you could profit a lot easier.

LUCKMCFLY

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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

I think that in order to know how to manage losses it is because there was no prior control, that is why whenever I can I recommend that the trader must first think about how much money he is willing to lose, most people think that the first thing to do is is to calculate how much will be earned.

Another thing is that you should not bet all the balance you have, I recommend only risking a maximum of 20% of the general balance, hence at least make 3 trades, and use the Stop Loss, the Stop Loss not to put it with that much percentage loss, which is much less than 10%, at least 8% maximum, and profit I always place 20-24%, if I lose I assume my loss, and if I win I do it with a good percentage, with the possibility of moving the Stop to keep earning even more.

Anonylz

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As a trader you must already prepare your mind for the good and the bad, otherwise it will be very difficult for you to get over the loss if you only picture profit in your mind and not lose, understanding the risk involved from the beginning helps to prepare you as a trader for any future consequences when it happens.

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Quote from: pawanjain on September 10, 2021, 09:27:01 AM

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

I have traded and made a lot of mistakes which has lead me to a lot of losses and trust me it happens with the best of us.
The only way through it is to accept the losses and not repeat the same mistakes again.
When you accept the losses only then you will be able to move on and continue trading normally.
Also let's be honest here, there is no success without failures because failures are the stepping stones to success.

Regrets make it harder for you to think clearly. It will continue to drag you down and make you think that it will keep on happening. Just the same with the feelings when you keep making a good call and keep taking decent profits, you think that you are better and you'll going to make more money from your skills.

The problem is when you start experiencing mistakes and misfortune, things that unavoidable even you really take good care of your research and you make it to the point that all the information needed is already taking place, shit happened right? whales and manipulators
are good with emotional breakout, they can shake the market and even you are good there's still a chance that you'll fall from this kind of trap.

Learn to move forward and accept that you are not perfect, percept and try to cope up with your losses by doing much deeper research and be an open-minded trader to make sure that everything will continue to move smoother for your success journey.

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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

I have traded and made a lot of mistakes which has lead me to a lot of losses and trust me it happens with the best of us.
The only way through it is to accept the losses and not repeat the same mistakes again.
When you accept the losses only then you will be able to move on and continue trading normally.
Also let's be honest here, there is no success without failures because failures are the stepping stones to success.

bamb

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In order to be stable and focus in and out of gains and losses, you must accept the fact of life! There is no guarantee whatsoever that you will gain from your investment endavours, you just have to do your best and monitor the rest until you achieve your goals! And if the tide turn against your expectations, do what whatever you have to do to start again more intelligently and with clear mind!

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Quote from: justdimin on September 09, 2021, 06:24:50 AM

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 mindset of a trader is simple; nothing. If you are a good trader then you should not be feeling anything at all, you should be doing something like it is the most regular thing in the world, that way you would be basically trading without a feeling. You should be able to trade like you breathe, it shouldn't be something you do extra, it should be something that you do automatically.

If you put any emotions in it at all, anything at all, then it will become a problem for you. This is why while you are trading the feeling should be nothing at all. I personally fail to do that, thankfully I learned to trade for a long time now and I am finally doing it well, even though I have huge emotions while trading, I learned to supress them and ignore them.

That is what "should" be for a trader, but let's face it, it is not. Reality is that there are millions of people all around the world who make bad decisions in the crypto world, and they trade based one emotions which result with bad losses. What many people are forgetting is that if the bull run is big enough then even if you are a bad trader with big emotions running your trading, you could still make a good profit.

I am not saying that it is profitable to trade with little knowledge and a lot of emotions but on the right market you could make a profit with even that. So a good market could be a lot more important than how you feel, if you feel nothing or a lot of emotions because a good market could make everyone some profit.

Topic: Investors their mind - page 6. (Read 1435 times)